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$835,122$835,122$850,500
Remaining term (yrs)25.625.630.0
Secondary amount$0$62,628$0
Funding fee$4,176$4,176$0
Note rate5.110%5.110%7.400%
Blended rate5.110%5.582%7.640%
1st payment$4,864.90$4,864.90$5,888.69
2nd payment$0.00$619.76$0.00
Taxes / mo$787.50$787.50$787.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$170.10
HOA / mo$502.00$502.00$502.00
Total monthly$6,371.07$6,990.83$7,564.96
Cash to close$109,878$47,250$94,500