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$206,691$206,691$936,000
Remaining term (yrs)25.225.230.0
Secondary amount$0$729,309$0
Funding fee$1,033$1,033$0
Note rate3.110%3.110%7.320%
Blended rate3.110%6.725%7.560%
1st payment$983.39$983.39$6,429.67
2nd payment$0.00$4,710.12$0.00
Taxes / mo$238.08$238.08$238.08
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$187.20
HOA / mo$0.00$0.00$0.00
Total monthly$1,438.14$6,148.26$7,071.62
Cash to close$833,309$104,000$104,000