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$873,000
Remaining term (yrs)——30.0
Secondary amount$0$873,000$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$6,044.48
2nd payment$0.00$5,638.13$0.00
Taxes / mo$857.50$857.50$857.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$174.60
HOA / mo$0.00$0.00$0.00
Total monthly$1,074.17$6,712.29$7,293.24
Cash to close$970,000$97,000$97,000