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$805,171$805,171$809,100
Remaining term (yrs)29.029.030.0
Secondary amount$0$48,879$0
Funding fee$4,026$4,026$0
Note rate6.500%6.500%7.400%
Blended rate6.500%6.808%7.640%
1st payment$5,136.82$5,136.82$5,602.04
2nd payment$0.00$483.69$0.00
Taxes / mo$309.56$309.56$309.56
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$161.82
HOA / mo$30.00$30.00$30.00
Total monthly$5,693.04$6,176.74$6,320.09
Cash to close$93,829$44,950$89,900