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$896,358$896,358$1,024,200
Remaining term (yrs)26.026.030.0
Secondary amount$0$127,842$0
Funding fee$4,482$4,482$0
Note rate5.660%5.660%7.400%
Blended rate5.660%5.952%7.640%
1st payment$5,477.84$5,477.84$7,091.35
2nd payment$0.00$852.28$0.00
Taxes / mo$948.33$948.33$948.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$204.84
HOA / mo$0.00$0.00$0.00
Total monthly$6,642.84$7,495.12$8,461.19
Cash to close$241,642$113,800$113,800