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$125,409$125,409$674,910
Remaining term (yrs)20.620.630.0
Secondary amount$0$549,501$0
Funding fee$627$627$0
Note rate4.100%4.100%7.400%
Blended rate4.100%7.072%7.640%
1st payment$748.72$748.72$4,672.94
2nd payment$0.00$3,548.86$0.00
Taxes / mo$624.92$624.92$624.92
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$134.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,590.30$5,139.16$5,649.51
Cash to close$624,491$74,990$74,990