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$863,421$863,421$855,000
Remaining term (yrs)28.628.630.0
Secondary amount$0$39,079$0
Funding fee$4,317$4,317$0
Note rate6.830%6.830%7.400%
Blended rate6.830%7.048%7.640%
1st payment$5,721.84$5,721.84$5,919.85
2nd payment$0.00$386.72$0.00
Taxes / mo$846.67$846.67$846.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$171.00
HOA / mo$290.00$290.00$290.00
Total monthly$7,075.18$7,461.89$7,444.18
Cash to close$86,579$47,500$95,000