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$833,093$833,093$989,100
Remaining term (yrs)28.928.930.0
Secondary amount$0$156,007$0
Funding fee$4,165$4,165$0
Note rate6.740%6.740%7.320%
Blended rate6.740%6.939%7.560%
1st payment$5,456.15$5,456.15$6,794.43
2nd payment$0.00$1,040.04$0.00
Taxes / mo$397.08$397.08$397.08
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$197.82
HOA / mo$13.17$13.17$13.17
Total monthly$6,083.07$7,123.12$7,619.17
Cash to close$265,907$109,900$109,900