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$918,671$918,671$899,100
Remaining term (yrs)25.725.730.0
Secondary amount$0$30,379$0
Funding fee$4,593$4,593$0
Note rate4.750%4.750%7.400%
Blended rate4.750%4.978%7.640%
1st payment$5,149.68$5,149.68$6,225.19
2nd payment$0.00$300.62$0.00
Taxes / mo$333.67$333.67$333.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$179.82
HOA / mo$8.33$8.33$8.33
Total monthly$5,708.34$6,008.96$6,963.67
Cash to close$80,329$49,950$99,900