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$785,229$785,229$787,500
Remaining term (yrs)29.429.430.0
Secondary amount$0$46,021$0
Funding fee$3,926$3,926$0
Note rate5.980%5.980%7.320%
Blended rate5.980%6.306%7.560%
1st payment$4,721.58$4,721.58$5,409.58
2nd payment$0.00$455.41$0.00
Taxes / mo$729.17$729.17$729.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$157.50
HOA / mo$91.67$91.67$91.67
Total monthly$5,759.08$6,214.50$6,604.58
Cash to close$89,771$43,750$87,500