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$948,854$948,854$989,910
Remaining term (yrs)28.928.930.0
Secondary amount$0$41,056$0
Funding fee$4,744$4,744$0
Note rate6.580%6.580%7.400%
Blended rate6.580%6.680%7.640%
1st payment$6,108.89$6,108.89$6,853.94
2nd payment$0.00$307.92$0.00
Taxes / mo$916.58$916.58$916.58
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$197.98
HOA / mo$0.00$0.00$0.00
Total monthly$7,242.14$7,550.06$8,185.17
Cash to close$151,046$109,990$109,990