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$137,525$137,525$702,900
Remaining term (yrs)5.55.530.0
Secondary amount$0$565,375$0
Funding fee$688$688$0
Note rate3.200%3.200%7.320%
Blended rate3.200%6.860%7.560%
1st payment$2,214.02$2,214.02$4,828.44
2nd payment$0.00$3,651.38$0.00
Taxes / mo$417.42$417.42$417.42
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$140.58
HOA / mo$145.00$145.00$145.00
Total monthly$2,993.10$6,644.48$5,748.10
Cash to close$643,475$78,100$78,100