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$928,908$928,908$1,709,100
Remaining term (yrs)27.927.930.0
Secondary amount$0$780,192$0
Funding fee$4,645$4,645$0
Note rate6.470%6.470%7.320%
Blended rate6.470%7.054%7.560%
1st payment$5,985.92$5,985.92$11,740.33
2nd payment$0.00$5,038.74$0.00
Taxes / mo$1,582.50$1,582.50$1,582.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$341.82
HOA / mo$0.00$0.00$0.00
Total monthly$7,785.08$12,823.82$13,881.32
Cash to close$970,092$189,900$189,900