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$805,247$805,247$853,650
Remaining term (yrs)29.429.430.0
Secondary amount$0$48,403$0
Funding fee$4,026$4,026$0
Note rate6.110%6.110%7.400%
Blended rate6.110%6.274%7.640%
1st payment$4,914.06$4,914.06$5,910.50
2nd payment$0.00$363.02$0.00
Taxes / mo$213.67$213.67$213.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$170.73
HOA / mo$44.00$44.00$44.00
Total monthly$5,388.40$5,751.42$6,555.56
Cash to close$143,253$94,850$94,850