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$655,196$655,196$675,000
Remaining term (yrs)27.927.930.0
Secondary amount$0$57,304$0
Funding fee$3,276$3,276$0
Note rate0.000%0.000%7.400%
Blended rate0.000%0.955%7.640%
1st payment$1,819.99$1,819.99$4,673.56
2nd payment$0.00$567.07$0.00
Taxes / mo$369.08$369.08$369.08
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$135.00
HOA / mo$100.00$100.00$100.00
Total monthly$2,505.74$3,072.81$5,494.31
Cash to close$94,804$37,500$75,000