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$968,573$968,573$1,349,100
Remaining term (yrs)27.427.430.0
Secondary amount$0$380,527$0
Funding fee$4,843$4,843$0
Note rate6.690%6.690%7.320%
Blended rate6.690%6.989%7.560%
1st payment$6,425.81$6,425.81$9,267.38
2nd payment$0.00$2,457.57$0.00
Taxes / mo$331.17$331.17$331.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$269.82
HOA / mo$0.00$0.00$0.00
Total monthly$6,973.64$9,431.21$10,085.03
Cash to close$530,427$149,900$149,900