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$63,601$63,601$832,500
Remaining term (yrs)22.822.830.0
Secondary amount$0$768,899$0
Funding fee$318$318$0
Note rate3.480%3.480%7.400%
Blended rate3.480%7.424%7.640%
1st payment$335.95$335.95$5,764.06
2nd payment$0.00$4,965.80$0.00
Taxes / mo$347.42$347.42$347.42
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$166.50
HOA / mo$63.33$63.33$63.33
Total monthly$963.36$5,929.16$6,557.98
Cash to close$861,399$92,500$92,500