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$848,411$848,411$832,500
Remaining term (yrs)28.928.930.0
Secondary amount$0$30,339$0
Funding fee$4,242$4,242$0
Note rate6.630%6.630%7.400%
Blended rate6.630%6.811%7.640%
1st payment$5,495.19$5,495.19$5,764.06
2nd payment$0.00$300.23$0.00
Taxes / mo$770.83$770.83$770.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$166.50
HOA / mo$0.00$0.00$0.00
Total monthly$6,482.69$6,782.93$6,918.06
Cash to close$76,589$46,250$92,500