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$854,893$854,893$981,000
Remaining term (yrs)24.724.730.0
Secondary amount$0$126,107$0
Funding fee$4,274$4,274$0
Note rate2.940%2.940%7.400%
Blended rate2.940%3.590%7.640%
1st payment$4,045.69$4,045.69$6,792.25
2nd payment$0.00$840.72$0.00
Taxes / mo$908.33$908.33$908.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$196.20
HOA / mo$220.00$220.00$220.00
Total monthly$5,390.69$6,231.40$8,333.45
Cash to close$235,107$109,000$109,000