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$1,334,550$1,334,550$1,325,700
Remaining term (yrs)25.425.430.0
Secondary amount$0$64,800$0
Funding fee$6,673$6,673$0
Note rate3.210%3.210%7.400%
Blended rate3.210%3.611%7.640%
1st payment$6,392.59$6,392.59$9,178.88
2nd payment$0.00$641.25$0.00
Taxes / mo$1,227.50$1,227.50$1,227.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$265.14
HOA / mo$0.00$0.00$0.00
Total monthly$7,836.75$8,478.01$10,888.19
Cash to close$138,450$73,650$147,300