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$789,246$789,246$832,500
Remaining term (yrs)28.028.030.0
Secondary amount$0$43,254$0
Funding fee$3,946$3,946$0
Note rate6.090%6.090%7.320%
Blended rate6.090%6.241%7.560%
1st payment$4,888.73$4,888.73$5,718.70
2nd payment$0.00$324.41$0.00
Taxes / mo$448.92$448.92$448.92
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$166.50
HOA / mo$54.17$54.17$54.17
Total monthly$5,608.49$5,932.89$6,604.95
Cash to close$135,754$92,500$92,500