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$757,403$757,403$927,000
Remaining term (yrs)29.129.130.0
Secondary amount$0$169,597$0
Funding fee$3,787$3,787$0
Note rate6.170%6.170%7.400%
Blended rate6.170%6.505%7.640%
1st payment$4,665.43$4,665.43$6,418.36
2nd payment$0.00$1,130.65$0.00
Taxes / mo$858.33$858.33$858.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$185.40
HOA / mo$0.00$0.00$0.00
Total monthly$5,740.43$6,871.07$7,678.76
Cash to close$272,597$103,000$103,000