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$987,389$987,389$989,910
Remaining term (yrs)28.128.130.0
Secondary amount$0$57,516$0
Funding fee$4,937$4,937$0
Note rate6.540%6.540%7.400%
Blended rate6.540%6.834%7.640%
1st payment$6,394.21$6,394.21$6,853.94
2nd payment$0.00$569.17$0.00
Taxes / mo$952.75$952.75$952.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$197.98
HOA / mo$46.67$46.67$46.67
Total monthly$7,610.30$8,179.47$8,268.01
Cash to close$112,511$54,995$109,990