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$973,941$973,941$1,035,000
Remaining term (yrs)27.627.630.0
Secondary amount$0$61,059$0
Funding fee$4,870$4,870$0
Note rate7.170%7.170%7.400%
Blended rate7.170%7.278%7.640%
1st payment$6,747.42$6,747.42$7,166.13
2nd payment$0.00$457.94$0.00
Taxes / mo$958.33$958.33$958.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$207.00
HOA / mo$100.00$100.00$100.00
Total monthly$8,022.42$8,480.36$8,648.13
Cash to close$176,059$115,000$115,000