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$770,299$770,299$863,999
Remaining term (yrs)25.925.930.0
Secondary amount$0$93,700$0
Funding fee$3,851$3,851$0
Note rate5.300%5.300%7.400%
Blended rate5.300%5.701%7.640%
1st payment$4,553.50$4,553.50$5,982.16
2nd payment$0.00$702.75$0.00
Taxes / mo$800.00$800.00$800.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$172.80
HOA / mo$130.00$130.00$130.00
Total monthly$5,700.16$6,402.91$7,301.62
Cash to close$189,700$96,000$96,000