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$109,173$109,173$607,500
Remaining term (yrs)24.424.430.0
Secondary amount$0$498,327$0
Funding fee$546$546$0
Note rate2.680%2.680%7.400%
Blended rate2.680%6.839%7.640%
1st payment$505.68$505.68$4,206.21
2nd payment$0.00$3,218.36$0.00
Taxes / mo$755.21$755.21$755.21
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$121.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,427.55$4,645.91$5,249.58
Cash to close$565,827$67,500$67,500