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$988,677$988,677$1,052,991
Remaining term (yrs)29.229.230.0
Secondary amount$0$64,314$0
Funding fee$4,943$4,943$0
Note rate4.750%4.750%7.400%
Blended rate4.750%5.010%7.640%
1st payment$5,210.58$5,210.58$7,290.70
2nd payment$0.00$482.36$0.00
Taxes / mo$974.99$974.99$974.99
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$210.60
HOA / mo$380.00$380.00$380.00
Total monthly$6,782.24$7,264.60$9,072.95
Cash to close$181,313$116,999$116,999