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$180,893$180,893$1,035,000
Remaining term (yrs)23.823.830.0
Secondary amount$0$854,107$0
Funding fee$904$904$0
Note rate2.990%2.990%7.320%
Blended rate2.990%6.918%7.560%
1st payment$883.04$883.04$7,109.73
2nd payment$0.00$5,516.11$0.00
Taxes / mo$178.08$178.08$178.08
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$1,277.79$6,793.90$7,711.48
Cash to close$969,107$115,000$115,000