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$1,487,922$1,487,922$1,484,100
Remaining term (yrs)27.927.930.0
Secondary amount$0$78,628$0
Funding fee$7,440$7,440$0
Note rate6.490%6.490%7.400%
Blended rate6.490%6.760%7.640%
1st payment$9,607.42$9,607.42$10,275.61
2nd payment$0.00$778.09$0.00
Taxes / mo$1,374.17$1,374.17$1,374.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$296.82
HOA / mo$0.00$0.00$0.00
Total monthly$11,198.25$11,976.34$12,163.26
Cash to close$161,078$82,450$164,900