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$819,775$819,775$809,910
Remaining term (yrs)28.428.430.0
Secondary amount$0$35,130$0
Funding fee$4,099$4,099$0
Note rate6.760%6.760%7.400%
Blended rate6.760%6.970%7.640%
1st payment$5,405.11$5,405.11$5,607.65
2nd payment$0.00$347.64$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$330.00$330.00$330.00
Total monthly$6,701.70$7,049.34$7,066.22
Cash to close$80,125$44,995$89,990