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$46,856$46,856$785,700
Remaining term (yrs)17.417.430.0
Secondary amount$0$738,844$0
Funding fee$234$234$0
Note rate6.640%6.640%7.400%
Blended rate6.640%7.684%7.640%
1st payment$376.92$376.92$5,440.03
2nd payment$0.00$4,771.70$0.00
Taxes / mo$348.25$348.25$348.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$157.14
HOA / mo$132.00$132.00$132.00
Total monthly$1,073.84$5,845.54$6,294.08
Cash to close$826,144$87,300$87,300