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$829,234$829,234$1,056,600
Remaining term (yrs)29.129.130.0
Secondary amount$0$227,366$0
Funding fee$4,146$4,146$0
Note rate6.270%6.270%7.400%
Blended rate6.270%6.588%7.640%
1st payment$5,161.36$5,161.36$7,315.68
2nd payment$0.00$1,468.41$0.00
Taxes / mo$206.33$206.33$206.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$211.32
HOA / mo$0.00$0.00$0.00
Total monthly$5,584.36$7,052.77$7,950.00
Cash to close$344,766$117,400$117,400