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$71,663$71,663$630,000
Remaining term (yrs)19.619.630.0
Secondary amount$0$558,337$0
Funding fee$358$358$0
Note rate3.610%3.610%7.400%
Blended rate3.610%7.279%7.640%
1st payment$423.31$423.31$4,361.99
2nd payment$0.00$3,605.93$0.00
Taxes / mo$131.25$131.25$131.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$126.00
HOA / mo$0.00$0.00$0.00
Total monthly$721.22$4,327.15$4,785.91
Cash to close$628,337$70,000$70,000