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$850,113$850,113$891,000
Remaining term (yrs)26.926.930.0
Secondary amount$0$40,887$0
Funding fee$4,251$4,251$0
Note rate7.230%7.230%7.320%
Blended rate7.230%7.311%7.560%
1st payment$5,969.30$5,969.30$6,120.55
2nd payment$0.00$306.66$0.00
Taxes / mo$785.50$785.50$785.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$178.20
HOA / mo$0.00$0.00$0.00
Total monthly$6,971.46$7,278.12$7,300.92
Cash to close$139,887$99,000$99,000