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$190,312$190,312$1,035,000
Remaining term (yrs)18.918.930.0
Secondary amount$0$844,688$0
Funding fee$952$952$0
Note rate3.910%3.910%7.400%
Blended rate3.910%7.044%7.640%
1st payment$1,180.60$1,180.60$7,166.13
2nd payment$0.00$5,455.28$0.00
Taxes / mo$396.50$396.50$396.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$207.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,793.77$7,249.04$7,986.29
Cash to close$959,688$115,000$115,000