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$890,981$890,981$990,000
Remaining term (yrs)27.927.930.0
Secondary amount$0$99,019$0
Funding fee$4,455$4,455$0
Note rate6.460%6.460%7.400%
Blended rate6.460%6.714%7.640%
1st payment$5,735.77$5,735.77$6,854.56
2nd payment$0.00$742.64$0.00
Taxes / mo$481.50$481.50$481.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$198.00
HOA / mo$0.00$0.00$0.00
Total monthly$6,433.94$7,176.58$7,750.73
Cash to close$209,019$110,000$110,000