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$973,663$973,663$987,300
Remaining term (yrs)27.727.730.0
Secondary amount$0$68,487$0
Funding fee$4,868$4,868$0
Note rate7.090%7.090%7.320%
Blended rate7.090%7.404%7.560%
1st payment$6,687.62$6,687.62$6,782.07
2nd payment$0.00$677.74$0.00
Taxes / mo$914.17$914.17$914.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$197.46
HOA / mo$98.00$98.00$98.00
Total monthly$7,916.46$8,594.19$8,208.36
Cash to close$123,337$54,850$109,700