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$889,097$889,097$1,102,500
Remaining term (yrs)28.128.130.0
Secondary amount$0$213,403$0
Funding fee$4,445$4,445$0
Note rate6.460%6.460%7.320%
Blended rate6.460%6.710%7.560%
1st payment$5,711.69$5,711.69$7,573.41
2nd payment$0.00$1,378.23$0.00
Taxes / mo$1,020.83$1,020.83$1,020.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$220.50
HOA / mo$150.00$150.00$150.00
Total monthly$7,099.19$8,477.42$9,181.41
Cash to close$335,903$122,500$122,500