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$1,125,518$1,125,518$1,169,100
Remaining term (yrs)27.927.930.0
Secondary amount$0$43,582$0
Funding fee$5,628$5,628$0
Note rate6.730%6.730%7.400%
Blended rate6.730%6.815%7.640%
1st payment$7,450.07$7,450.07$8,094.61
2nd payment$0.00$326.87$0.00
Taxes / mo$1,082.50$1,082.50$1,082.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$233.82
HOA / mo$0.00$0.00$0.00
Total monthly$8,749.24$9,076.10$9,627.60
Cash to close$173,482$129,900$129,900