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$799,215$799,215$809,910
Remaining term (yrs)23.723.730.0
Secondary amount$0$55,690$0
Funding fee$3,996$3,996$0
Note rate6.500%6.500%7.400%
Blended rate6.500%6.850%7.640%
1st payment$5,502.94$5,502.94$5,607.65
2nd payment$0.00$551.10$0.00
Taxes / mo$749.92$749.92$749.92
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$161.98
HOA / mo$360.00$360.00$360.00
Total monthly$6,829.52$7,380.62$7,096.22
Cash to close$100,685$44,995$89,990