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$818,958$818,958$1,124,999
Remaining term (yrs)26.726.730.0
Secondary amount$0$306,042$0
Funding fee$4,095$4,095$0
Note rate6.390%6.390%7.400%
Blended rate6.390%6.760%7.640%
1st payment$5,323.73$5,323.73$7,789.27
2nd payment$0.00$1,976.52$0.00
Taxes / mo$1,041.67$1,041.67$1,041.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$225.00
HOA / mo$0.00$0.00$0.00
Total monthly$6,582.07$8,558.58$9,272.60
Cash to close$431,041$125,000$125,000