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$0$0$810,000
Remaining term (yrs)0.00.030.0
Secondary amount$0$810,000$0
Funding fee$0$0$0
Note rate5.260%5.260%7.400%
Blended rate5.260%7.750%7.640%
1st payment$742.06$742.06$5,608.28
2nd payment$0.00$5,231.25$0.00
Taxes / mo$473.83$473.83$473.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$162.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,432.56$6,663.81$6,460.78
Cash to close$900,000$90,000$90,000