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$167,991$167,991$715,500
Remaining term (yrs)20.020.030.0
Secondary amount$0$547,509$0
Funding fee$840$840$0
Note rate2.860%2.860%7.400%
Blended rate2.860%6.602%7.640%
1st payment$914.31$914.31$4,953.98
2nd payment$0.00$3,535.99$0.00
Taxes / mo$332.33$332.33$332.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$143.10
HOA / mo$760.00$760.00$760.00
Total monthly$2,223.31$5,759.30$6,406.08
Cash to close$627,009$79,500$79,500