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$948,504$948,504$1,287,000
Remaining term (yrs)28.328.330.0
Secondary amount$0$338,496$0
Funding fee$4,743$4,743$0
Note rate6.500%6.500%7.400%
Blended rate6.500%6.829%7.640%
1st payment$6,105.33$6,105.33$8,910.93
2nd payment$0.00$2,186.12$0.00
Taxes / mo$427.00$427.00$427.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$257.40
HOA / mo$0.00$0.00$0.00
Total monthly$6,749.00$8,935.12$9,811.99
Cash to close$481,496$143,000$143,000