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$844,499$844,499$899,100
Remaining term (yrs)28.128.130.0
Secondary amount$0$54,601$0
Funding fee$4,222$4,222$0
Note rate6.080%6.080%7.400%
Blended rate6.080%6.257%7.640%
1st payment$5,219.80$5,219.80$6,225.19
2nd payment$0.00$409.51$0.00
Taxes / mo$469.08$469.08$469.08
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$179.82
HOA / mo$83.33$83.33$83.33
Total monthly$5,988.88$6,398.39$7,174.09
Cash to close$154,501$99,900$99,900