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$124,257$124,257$787,500
Remaining term (yrs)26.426.430.0
Secondary amount$0$663,243$0
Funding fee$621$621$0
Note rate5.090%5.090%7.400%
Blended rate5.090%7.330%7.640%
1st payment$712.51$712.51$5,452.49
2nd payment$0.00$4,283.44$0.00
Taxes / mo$729.17$729.17$729.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$157.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,658.34$5,941.79$6,555.82
Cash to close$750,743$87,500$87,500