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$823,588$823,588$809,100
Remaining term (yrs)28.928.930.0
Secondary amount$0$30,462$0
Funding fee$4,118$4,118$0
Note rate6.340%6.340%7.400%
Blended rate6.340%6.537%7.640%
1st payment$5,173.77$5,173.77$5,602.04
2nd payment$0.00$301.45$0.00
Taxes / mo$849.42$849.42$849.42
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$161.82
HOA / mo$160.00$160.00$160.00
Total monthly$6,399.86$6,701.30$6,989.95
Cash to close$75,412$44,950$89,900