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$901,391$901,391$899,910
Remaining term (yrs)26.626.630.0
Secondary amount$0$48,514$0
Funding fee$4,507$4,507$0
Note rate6.430%6.430%7.320%
Blended rate6.430%6.708%7.560%
1st payment$5,889.37$5,889.37$6,181.76
2nd payment$0.00$480.09$0.00
Taxes / mo$667.25$667.25$667.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$179.98
HOA / mo$0.00$0.00$0.00
Total monthly$6,773.28$7,253.37$7,245.66
Cash to close$98,509$49,995$99,990