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$984,241$984,241$1,035,000
Remaining term (yrs)29.429.430.0
Secondary amount$0$50,759$0
Funding fee$4,921$4,921$0
Note rate6.160%6.160%7.400%
Blended rate6.160%6.299%7.640%
1st payment$6,038.07$6,038.07$7,166.13
2nd payment$0.00$380.69$0.00
Taxes / mo$294.42$294.42$294.42
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$207.00
HOA / mo$0.00$0.00$0.00
Total monthly$6,549.16$6,929.85$7,884.21
Cash to close$165,759$115,000$115,000