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
Current Market Conventional
New · Conventional
Loan amount$1,031,915$981,000
Remaining term (yrs)29.530.0
Secondary amount$0$0
Funding fee$5,160$0
Note rate6.220%7.320%
Blended rate6.220%7.560%
1st payment$6,358.02$6,738.79
2nd payment$0.00$0.00
Taxes / mo$908.33$908.33
Insurance / mo$216.67$216.67
MI / mo$0.00$196.20
HOA / mo$97.00$97.00
Total monthly$7,580.02$8,156.99
Cash to close$58,085$109,000