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$1,016,100
Remaining term (yrs)——30.0
Secondary amount$0$1,016,100$0
Funding fee$0$0$0
Note rate0.000%0.000%7.400%
Blended rate0.000%7.750%7.640%
1st payment$0.00$0.00$7,035.27
2nd payment$0.00$6,562.31$0.00
Taxes / mo$940.83$940.83$940.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$203.22
HOA / mo$717.00$717.00$717.00
Total monthly$1,874.50$8,436.81$9,112.99
Cash to close$1,129,000$112,900$112,900