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$772,013$772,013$868,500
Remaining term (yrs)28.928.930.0
Secondary amount$0$96,487$0
Funding fee$3,860$3,860$0
Note rate6.630%6.630%7.400%
Blended rate6.630%6.893%7.640%
1st payment$5,000.36$5,000.36$6,013.32
2nd payment$0.00$723.65$0.00
Taxes / mo$609.00$609.00$609.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$173.70
HOA / mo$84.67$84.67$84.67
Total monthly$5,910.70$6,634.35$7,097.36
Cash to close$192,987$96,500$96,500