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$1,335,692$1,335,692$1,462,410
Remaining term (yrs)28.128.130.0
Secondary amount$0$126,718$0
Funding fee$6,678$6,678$0
Note rate7.220%7.220%7.400%
Blended rate7.220%7.288%7.640%
1st payment$9,246.52$9,246.52$10,125.43
2nd payment$0.00$844.79$0.00
Taxes / mo$709.42$709.42$709.42
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$292.48
HOA / mo$157.33$157.33$157.33
Total monthly$10,329.93$11,174.72$11,501.33
Cash to close$289,208$162,490$162,490