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$890,606$890,606$891,000
Remaining term (yrs)24.824.830.0
Secondary amount$0$49,894$0
Funding fee$4,453$4,453$0
Note rate2.950%2.950%7.320%
Blended rate2.950%3.423%7.560%
1st payment$4,209.73$4,209.73$6,120.55
2nd payment$0.00$493.75$0.00
Taxes / mo$825.00$825.00$825.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$178.20
HOA / mo$183.00$183.00$183.00
Total monthly$5,434.40$5,928.15$7,523.42
Cash to close$99,394$49,500$99,000