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$85,779$85,779$931,500
Remaining term (yrs)15.415.430.0
Secondary amount$0$845,721$0
Funding fee$429$429$0
Note rate3.890%3.890%7.320%
Blended rate3.890%7.395%7.560%
1st payment$612.42$612.42$6,398.76
2nd payment$0.00$5,461.95$0.00
Taxes / mo$862.50$862.50$862.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$186.30
HOA / mo$23.00$23.00$23.00
Total monthly$1,714.59$7,176.54$7,687.23
Cash to close$949,221$103,500$103,500