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$939,765$939,765$1,034,100
Remaining term (yrs)29.129.130.0
Secondary amount$0$94,335$0
Funding fee$4,699$4,699$0
Note rate6.270%6.270%7.320%
Blended rate6.270%6.519%7.560%
1st payment$5,849.34$5,849.34$7,103.55
2nd payment$0.00$707.51$0.00
Taxes / mo$504.50$504.50$504.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$206.82
HOA / mo$0.00$0.00$0.00
Total monthly$6,570.50$7,278.01$8,031.54
Cash to close$209,235$114,900$114,900