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$857,495$857,495$971,100
Remaining term (yrs)27.927.930.0
Secondary amount$0$113,605$0
Funding fee$4,287$4,287$0
Note rate6.770%6.770%7.400%
Blended rate6.770%6.914%7.640%
1st payment$5,698.32$5,698.32$6,723.70
2nd payment$0.00$757.37$0.00
Taxes / mo$560.92$560.92$560.92
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$194.22
HOA / mo$0.00$0.00$0.00
Total monthly$6,475.91$7,233.27$7,695.50
Cash to close$221,505$107,900$107,900