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$99,624$99,624$629,910
Remaining term (yrs)16.616.630.0
Secondary amount$0$530,286$0
Funding fee$498$498$0
Note rate2.250%2.250%7.320%
Blended rate2.250%6.880%7.560%
1st payment$595.35$595.35$4,327.04
2nd payment$0.00$3,424.77$0.00
Taxes / mo$439.92$439.92$439.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$125.98
HOA / mo$125.00$125.00$125.00
Total monthly$1,326.93$4,751.70$5,184.61
Cash to close$600,276$69,990$69,990