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$845,520$845,520$963,000
Remaining term (yrs)29.429.430.0
Secondary amount$0$117,480$0
Funding fee$4,228$4,228$0
Note rate5.750%5.750%7.400%
Blended rate5.750%6.024%7.640%
1st payment$4,960.37$4,960.37$6,667.62
2nd payment$0.00$783.20$0.00
Taxes / mo$891.67$891.67$891.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$192.60
HOA / mo$457.00$457.00$457.00
Total monthly$6,525.70$7,308.90$8,425.55
Cash to close$224,480$107,000$107,000