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$1,144,238$1,144,238$1,259,100
Remaining term (yrs)25.625.630.0
Secondary amount$0$114,862$0
Funding fee$5,721$5,721$0
Note rate4.670%4.670%7.320%
Blended rate4.670%4.974%7.560%
1st payment$6,371.76$6,371.76$8,649.14
2nd payment$0.00$765.75$0.00
Taxes / mo$1,165.83$1,165.83$1,165.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$251.82
HOA / mo$0.00$0.00$0.00
Total monthly$7,754.26$8,520.01$10,283.46
Cash to close$254,762$139,900$139,900