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$794,427$794,427$899,910
Remaining term (yrs)28.428.430.0
Secondary amount$0$105,483$0
Funding fee$3,972$3,972$0
Note rate6.870%6.870%7.320%
Blended rate6.870%7.002%7.560%
1st payment$5,295.44$5,295.44$6,181.76
2nd payment$0.00$703.22$0.00
Taxes / mo$286.08$286.08$286.08
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$179.98
HOA / mo$56.08$56.08$56.08
Total monthly$5,854.27$6,557.49$6,920.57
Cash to close$205,473$99,990$99,990