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$898,200
Remaining term (yrs)29.229.230.0
Secondary amount$0$898,200$0
Funding fee$0$0$0
Note rate6.500%6.500%7.320%
Blended rate6.500%7.750%7.560%
1st payment$0.00$0.00$6,170.01
2nd payment$0.00$5,800.88$0.00
Taxes / mo$1,649.58$1,649.58$1,649.58
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$179.64
HOA / mo$178.33$178.33$178.33
Total monthly$2,044.58$7,845.46$8,394.23
Cash to close$998,000$99,800$99,800