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$1,160,824$1,160,824$1,165,500
Remaining term (yrs)25.525.530.0
Secondary amount$0$69,426$0
Funding fee$5,804$5,804$0
Note rate3.750%3.750%7.320%
Blended rate3.750%4.209%7.560%
1st payment$5,874.71$5,874.71$8,006.18
2nd payment$0.00$687.03$0.00
Taxes / mo$523.75$523.75$523.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$233.10
HOA / mo$0.00$0.00$0.00
Total monthly$6,615.13$7,302.16$8,979.69
Cash to close$134,176$64,750$129,500