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$758,221$758,221$828,000
Remaining term (yrs)26.826.830.0
Secondary amount$0$69,779$0
Funding fee$3,791$3,791$0
Note rate6.960%6.960%7.400%
Blended rate6.960%7.132%7.640%
1st payment$5,200.87$5,200.87$5,732.90
2nd payment$0.00$523.35$0.00
Taxes / mo$388.67$388.67$388.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$165.60
HOA / mo$9.08$9.08$9.08
Total monthly$5,815.28$6,338.63$6,512.92
Cash to close$161,779$92,000$92,000