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$130,294$130,294$720,000
Remaining term (yrs)7.17.130.0
Secondary amount$0$589,706$0
Funding fee$651$651$0
Note rate8.099%8.099%7.400%
Blended rate8.099%7.813%7.640%
1st payment$1,985.00$1,985.00$4,985.13
2nd payment$0.00$3,808.52$0.00
Taxes / mo$666.67$666.67$666.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$144.00
HOA / mo$800.00$800.00$800.00
Total monthly$3,668.34$7,476.86$6,812.47
Cash to close$669,706$80,000$80,000