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$802,920$802,920$800,100
Remaining term (yrs)27.127.130.0
Secondary amount$0$41,630$0
Funding fee$4,015$4,015$0
Note rate6.500%6.500%7.400%
Blended rate6.500%6.765%7.640%
1st payment$5,245.85$5,245.85$5,539.73
2nd payment$0.00$411.97$0.00
Taxes / mo$793.17$793.17$793.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$160.02
HOA / mo$73.33$73.33$73.33
Total monthly$6,329.01$6,740.98$6,782.91
Cash to close$86,080$44,450$88,900