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$791,100
Remaining term (yrs)28.428.430.0
Secondary amount$0$791,100$0
Funding fee$0$0$0
Note rate6.500%6.500%7.400%
Blended rate6.500%7.750%7.640%
1st payment$0.00$0.00$5,477.42
2nd payment$0.00$5,109.19$0.00
Taxes / mo$620.25$620.25$620.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$158.22
HOA / mo$0.00$0.00$0.00
Total monthly$836.92$5,946.10$6,472.55
Cash to close$879,000$87,900$87,900