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$48,922$48,922$787,500
Remaining term (yrs)24.724.730.0
Secondary amount$0$738,578$0
Funding fee$245$245$0
Note rate2.950%2.950%7.400%
Blended rate2.950%7.452%7.640%
1st payment$231.77$231.77$5,452.49
2nd payment$0.00$4,769.98$0.00
Taxes / mo$880.42$880.42$880.42
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$157.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,328.85$6,098.84$6,707.07
Cash to close$826,078$87,500$87,500