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$72,458$72,458$611,910
Remaining term (yrs)4.94.930.0
Secondary amount$0$539,452$0
Funding fee$362$362$0
Note rate2.840%2.840%7.320%
Blended rate2.840%7.169%7.560%
1st payment$1,296.82$1,296.82$4,203.40
2nd payment$0.00$3,483.96$0.00
Taxes / mo$193.42$193.42$193.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$122.38
HOA / mo$0.00$0.00$0.00
Total monthly$1,656.91$5,140.87$4,685.86
Cash to close$607,442$67,990$67,990