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$1,133,796$1,133,796$1,106,100
Remaining term (yrs)28.028.030.0
Secondary amount$0$33,754$0
Funding fee$5,669$5,669$0
Note rate6.120%6.120%7.400%
Blended rate6.120%6.286%7.640%
1st payment$7,044.53$7,044.53$7,658.41
2nd payment$0.00$334.02$0.00
Taxes / mo$1,024.17$1,024.17$1,024.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$221.22
HOA / mo$0.00$0.00$0.00
Total monthly$8,285.37$8,619.38$9,120.47
Cash to close$95,204$61,450$122,900