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$972,352$972,352$1,168,200
Remaining term (yrs)24.524.530.0
Secondary amount$0$195,848$0
Funding fee$4,862$4,862$0
Note rate3.170%3.170%7.320%
Blended rate3.170%3.980%7.560%
1st payment$4,739.11$4,739.11$8,024.72
2nd payment$0.00$1,305.65$0.00
Taxes / mo$1,081.67$1,081.67$1,081.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$233.64
HOA / mo$0.00$0.00$0.00
Total monthly$6,037.44$7,343.09$9,556.70
Cash to close$325,648$129,800$129,800