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$865,099$865,099$1,799,100
Remaining term (yrs)29.429.430.0
Secondary amount$0$934,001$0
Funding fee$4,325$4,325$0
Note rate6.090%6.090%7.400%
Blended rate6.090%6.952%7.640%
1st payment$5,268.20$5,268.20$12,456.60
2nd payment$0.00$6,032.09$0.00
Taxes / mo$1,665.83$1,665.83$1,665.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$359.82
HOA / mo$0.00$0.00$0.00
Total monthly$7,150.70$13,182.78$14,698.92
Cash to close$1,133,901$199,900$199,900