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$978,042$978,042$1,034,910
Remaining term (yrs)27.227.230.0
Secondary amount$0$56,868$0
Funding fee$4,890$4,890$0
Note rate7.790%7.790%7.400%
Blended rate7.790%7.856%7.640%
1st payment$7,212.83$7,212.83$7,165.51
2nd payment$0.00$426.51$0.00
Taxes / mo$958.25$958.25$958.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$206.98
HOA / mo$0.00$0.00$0.00
Total monthly$8,387.74$8,814.25$8,547.41
Cash to close$171,858$114,990$114,990