Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

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$1,124,818$1,124,818$1,098,000
Remaining term (yrs)25.425.430.0
Secondary amount$0$34,182$0
Funding fee$5,624$5,624$0
Note rate6.870%6.870%7.320%
Blended rate6.870%7.018%7.560%
1st payment$7,789.78$7,789.78$7,542.50
2nd payment$0.00$338.26$0.00
Taxes / mo$335.08$335.08$335.08
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$219.60
HOA / mo$0.00$0.00$0.00
Total monthly$8,341.53$8,679.79$8,313.85
Cash to close$95,182$61,000$122,000