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$1,124,321$1,124,321$1,120,500
Remaining term (yrs)25.925.930.0
Secondary amount$0$58,429$0
Funding fee$5,622$5,622$0
Note rate4.920%4.920%7.400%
Blended rate4.920%5.264%7.640%
1st payment$6,383.32$6,383.32$7,758.12
2nd payment$0.00$578.20$0.00
Taxes / mo$359.42$359.42$359.42
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$224.10
HOA / mo$140.00$140.00$140.00
Total monthly$7,099.40$7,677.60$8,698.30
Cash to close$120,679$62,250$124,500