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$799,614$799,614$823,500
Remaining term (yrs)27.627.630.0
Secondary amount$0$69,636$0
Funding fee$3,998$3,998$0
Note rate6.820%6.820%7.400%
Blended rate6.820%7.225%7.640%
1st payment$5,355.87$5,355.87$5,701.75
2nd payment$0.00$689.11$0.00
Taxes / mo$762.50$762.50$762.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$164.70
HOA / mo$219.00$219.00$219.00
Total monthly$6,554.03$7,243.14$7,064.61
Cash to close$115,386$45,750$91,500