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$1,279,092$1,279,092$1,237,500
Remaining term (yrs)25.825.830.0
Secondary amount$0$27,158$0
Funding fee$6,395$6,395$0
Note rate5.300%5.300%7.400%
Blended rate5.300%5.437%7.640%
1st payment$7,572.46$7,572.46$8,568.20
2nd payment$0.00$268.75$0.00
Taxes / mo$1,145.83$1,145.83$1,145.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$247.50
HOA / mo$0.00$0.00$0.00
Total monthly$8,934.96$9,203.72$10,178.20
Cash to close$95,908$68,750$137,500