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$773,463$773,463$868,500
Remaining term (yrs)29.229.230.0
Secondary amount$0$95,037$0
Funding fee$3,867$3,867$0
Note rate6.240%6.240%7.400%
Blended rate6.240%6.542%7.640%
1st payment$4,794.45$4,794.45$6,013.32
2nd payment$0.00$712.78$0.00
Taxes / mo$270.92$270.92$270.92
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$173.70
HOA / mo$36.08$36.08$36.08
Total monthly$5,318.11$6,030.89$6,710.68
Cash to close$191,537$96,500$96,500