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$169,072$169,072$836,100
Remaining term (yrs)13.513.530.0
Secondary amount$0$667,028$0
Funding fee$845$845$0
Note rate2.970%2.970%7.400%
Blended rate2.970%6.783%7.640%
1st payment$1,255.53$1,255.53$5,788.99
2nd payment$0.00$4,307.89$0.00
Taxes / mo$473.00$473.00$473.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$167.22
HOA / mo$0.00$0.00$0.00
Total monthly$1,945.20$6,253.08$6,645.87
Cash to close$759,928$92,900$92,900