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$764,360$764,360$990,000
Remaining term (yrs)28.628.630.0
Secondary amount$0$225,640$0
Funding fee$3,822$3,822$0
Note rate6.760%6.760%7.320%
Blended rate6.760%6.986%7.560%
1st payment$5,030.16$5,030.16$6,800.61
2nd payment$0.00$1,457.26$0.00
Taxes / mo$165.42$165.42$165.42
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$198.00
HOA / mo$35.00$35.00$35.00
Total monthly$5,447.25$6,904.50$7,415.70
Cash to close$335,640$110,000$110,000