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$973,663$973,663$967,410
Remaining term (yrs)27.727.730.0
Secondary amount$0$47,492$0
Funding fee$4,868$4,868$0
Note rate7.090%7.090%7.320%
Blended rate7.090%7.313%7.560%
1st payment$6,687.62$6,687.62$6,645.44
2nd payment$0.00$469.97$0.00
Taxes / mo$895.75$895.75$895.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$193.48
HOA / mo$98.00$98.00$98.00
Total monthly$7,898.04$8,368.01$8,049.33
Cash to close$101,237$53,745$107,490