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$164,278$164,278$782,991
Remaining term (yrs)24.024.030.0
Secondary amount$0$618,713$0
Funding fee$821$821$0
Note rate2.880%2.880%7.400%
Blended rate2.880%6.728%7.640%
1st payment$786.95$786.95$5,421.27
2nd payment$0.00$3,995.85$0.00
Taxes / mo$724.99$724.99$724.99
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$156.60
HOA / mo$60.00$60.00$60.00
Total monthly$1,788.61$5,784.46$6,579.53
Cash to close$705,712$86,999$86,999