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$869,678$869,678$899,999
Remaining term (yrs)25.625.630.0
Secondary amount$0$30,321$0
Funding fee$4,348$4,348$0
Note rate4.420%4.420%7.400%
Blended rate4.420%4.574%7.640%
1st payment$4,718.26$4,718.26$6,231.41
2nd payment$0.00$227.41$0.00
Taxes / mo$833.33$833.33$833.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$180.00
HOA / mo$146.00$146.00$146.00
Total monthly$5,914.26$6,141.67$7,607.41
Cash to close$130,321$100,000$100,000