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$930,775$930,775$1,349,100
Remaining term (yrs)26.426.430.0
Secondary amount$0$418,325$0
Funding fee$4,654$4,654$0
Note rate6.130%6.130%7.400%
Blended rate6.130%6.632%7.640%
1st payment$5,927.36$5,927.36$9,340.90
2nd payment$0.00$2,701.68$0.00
Taxes / mo$1,249.17$1,249.17$1,249.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$269.82
HOA / mo$525.00$525.00$525.00
Total monthly$7,918.19$10,619.87$11,601.55
Cash to close$568,225$149,900$149,900