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$157,652$157,652$690,750
Remaining term (yrs)24.024.030.0
Secondary amount$0$533,098$0
Funding fee$788$788$0
Note rate2.900%2.900%7.400%
Blended rate2.900%6.643%7.640%
1st payment$756.83$756.83$4,782.61
2nd payment$0.00$3,442.92$0.00
Taxes / mo$553.00$553.00$553.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$138.15
HOA / mo$27.33$27.33$27.33
Total monthly$1,553.82$4,996.75$5,717.76
Cash to close$609,848$76,750$76,750