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$791,982$791,982$899,999
Remaining term (yrs)26.926.930.0
Secondary amount$0$108,017$0
Funding fee$3,960$3,960$0
Note rate7.630%7.630%7.320%
Blended rate7.630%7.674%7.560%
1st payment$5,771.32$5,771.32$6,182.37
2nd payment$0.00$720.12$0.00
Taxes / mo$621.17$621.17$621.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$180.00
HOA / mo$0.00$0.00$0.00
Total monthly$6,609.16$7,329.27$7,200.20
Cash to close$208,017$100,000$100,000