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$772,246$772,246$841,500
Remaining term (yrs)27.427.430.0
Secondary amount$0$69,254$0
Funding fee$3,861$3,861$0
Note rate6.640%6.640%7.320%
Blended rate6.640%6.834%7.560%
1st payment$5,098.36$5,098.36$5,780.52
2nd payment$0.00$519.41$0.00
Taxes / mo$241.83$241.83$241.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$168.30
HOA / mo$0.00$0.00$0.00
Total monthly$5,556.86$6,076.27$6,407.32
Cash to close$162,754$93,500$93,500