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$940,403$940,403$976,500
Remaining term (yrs)28.428.430.0
Secondary amount$0$36,097$0
Funding fee$4,702$4,702$0
Note rate6.760%6.760%7.400%
Blended rate6.760%6.843%7.640%
1st payment$6,200.46$6,200.46$6,761.09
2nd payment$0.00$270.73$0.00
Taxes / mo$546.17$546.17$546.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$195.30
HOA / mo$62.50$62.50$62.50
Total monthly$7,025.79$7,296.53$7,781.72
Cash to close$144,597$108,500$108,500