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$131,876$131,876$593,100
Remaining term (yrs)8.98.930.0
Secondary amount$0$461,224$0
Funding fee$659$659$0
Note rate2.190%2.190%7.400%
Blended rate2.190%6.514%7.640%
1st payment$1,335.30$1,335.30$4,106.50
2nd payment$0.00$2,978.74$0.00
Taxes / mo$549.17$549.17$549.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$118.62
HOA / mo$0.00$0.00$0.00
Total monthly$2,051.13$5,029.87$4,940.96
Cash to close$527,124$65,900$65,900