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$982,100$982,100$1,024,200
Remaining term (yrs)27.627.630.0
Secondary amount$0$42,100$0
Funding fee$4,910$4,910$0
Note rate6.790%6.790%7.320%
Blended rate6.790%6.881%7.560%
1st payment$6,558.97$6,558.97$7,035.54
2nd payment$0.00$315.75$0.00
Taxes / mo$948.33$948.33$948.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$204.84
HOA / mo$128.00$128.00$128.00
Total monthly$7,851.97$8,167.72$8,533.38
Cash to close$155,900$113,800$113,800