Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$837,707$837,707$855,000
Remaining term (yrs)27.827.830.0
Secondary amount$0$64,793$0
Funding fee$4,189$4,189$0
Note rate6.770%6.770%7.400%
Blended rate6.770%7.137%7.640%
1st payment$5,572.42$5,572.42$5,919.85
2nd payment$0.00$641.18$0.00
Taxes / mo$557.00$557.00$557.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$171.00
HOA / mo$125.00$125.00$125.00
Total monthly$6,471.09$7,112.26$6,989.51
Cash to close$112,293$47,500$95,000