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$931,259$931,259$944,910
Remaining term (yrs)28.828.830.0
Secondary amount$0$66,146$0
Funding fee$4,656$4,656$0
Note rate6.810%6.810%7.240%
Blended rate6.810%7.146%7.480%
1st payment$6,142.03$6,142.03$6,439.54
2nd payment$0.00$654.57$0.00
Taxes / mo$874.92$874.92$874.92
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$188.98
HOA / mo$217.00$217.00$217.00
Total monthly$7,450.61$8,105.18$7,937.11
Cash to close$118,641$52,495$104,990