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$923,036$923,036$1,034,100
Remaining term (yrs)26.526.530.0
Secondary amount$0$111,064$0
Funding fee$4,615$4,615$0
Note rate6.650%6.650%7.400%
Blended rate6.650%6.795%7.640%
1st payment$6,167.29$6,167.29$7,159.90
2nd payment$0.00$740.43$0.00
Taxes / mo$957.50$957.50$957.50
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$7,341.46$8,081.89$8,540.89
Cash to close$225,964$114,900$114,900