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$944,100
Remaining term (yrs)24.724.730.0
Secondary amount$0$944,100$0
Funding fee$0$0$0
Note rate3.500%3.500%7.400%
Blended rate3.500%7.750%7.640%
1st payment$0.00$0.00$6,536.76
2nd payment$0.00$6,097.31$0.00
Taxes / mo$874.17$874.17$874.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$188.82
HOA / mo$717.00$717.00$717.00
Total monthly$1,807.83$7,905.15$8,533.41
Cash to close$1,049,000$104,900$104,900