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$27,479$27,479$629,100
Remaining term (yrs)3.23.230.0
Secondary amount$0$601,621$0
Funding fee$137$137$0
Note rate5.030%5.030%7.400%
Blended rate5.030%7.631%7.640%
1st payment$747.62$747.62$4,355.76
2nd payment$0.00$3,885.47$0.00
Taxes / mo$582.50$582.50$582.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$125.82
HOA / mo$425.00$425.00$425.00
Total monthly$1,921.79$5,807.26$5,655.75
Cash to close$671,521$69,900$69,900