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$840,042$840,042$828,000
Remaining term (yrs)29.029.030.0
Secondary amount$0$33,958$0
Funding fee$4,200$4,200$0
Note rate6.350%6.350%7.400%
Blended rate6.350%6.565%7.640%
1st payment$5,277.34$5,277.34$5,732.90
2nd payment$0.00$336.04$0.00
Taxes / mo$766.67$766.67$766.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$165.60
HOA / mo$0.00$0.00$0.00
Total monthly$6,260.68$6,596.72$6,881.84
Cash to close$79,958$46,000$92,000