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$1,274,287$1,274,287$1,241,100
Remaining term (yrs)26.626.630.0
Secondary amount$0$35,763$0
Funding fee$6,371$6,371$0
Note rate6.320%6.320%7.400%
Blended rate6.320%6.472%7.640%
1st payment$8,236.97$8,236.97$8,593.13
2nd payment$0.00$353.90$0.00
Taxes / mo$1,149.17$1,149.17$1,149.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$248.22
HOA / mo$152.00$152.00$152.00
Total monthly$9,754.80$10,108.71$10,359.18
Cash to close$104,713$68,950$137,900