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$106,858$106,858$710,910
Remaining term (yrs)25.325.330.0
Secondary amount$0$604,052$0
Funding fee$534$534$0
Note rate2.450%2.450%7.400%
Blended rate2.450%6.953%7.640%
1st payment$471.03$471.03$4,922.20
2nd payment$0.00$3,901.17$0.00
Taxes / mo$658.25$658.25$658.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$142.18
HOA / mo$555.00$555.00$555.00
Total monthly$1,900.95$5,802.12$6,494.30
Cash to close$683,042$78,990$78,990