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$866,821$866,821$882,000
Remaining term (yrs)26.026.030.0
Secondary amount$0$64,179$0
Funding fee$4,334$4,334$0
Note rate6.290%6.290%7.320%
Blended rate6.290%6.675%7.560%
1st payment$5,634.91$5,634.91$6,058.73
2nd payment$0.00$635.11$0.00
Taxes / mo$816.67$816.67$816.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$176.40
HOA / mo$0.00$0.00$0.00
Total monthly$6,668.25$7,303.36$7,268.46
Cash to close$113,179$49,000$98,000