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$777,229$777,229$809,996
Remaining term (yrs)29.229.230.0
Secondary amount$0$32,767$0
Funding fee$3,886$3,886$0
Note rate6.230%6.230%7.320%
Blended rate6.230%6.342%7.560%
1st payment$4,812.77$4,812.77$5,564.11
2nd payment$0.00$245.75$0.00
Taxes / mo$750.00$750.00$750.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$162.00
HOA / mo$339.00$339.00$339.00
Total monthly$6,118.43$6,364.19$7,031.77
Cash to close$122,766$90,000$90,000