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$97,201$97,201$583,650
Remaining term (yrs)5.85.830.0
Secondary amount$0$486,449$0
Funding fee$486$486$0
Note rate6.570%6.570%7.320%
Blended rate6.570%7.553%7.560%
1st payment$1,656.00$1,656.00$4,009.27
2nd payment$0.00$3,141.65$0.00
Taxes / mo$331.33$331.33$331.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$116.73
HOA / mo$0.00$0.00$0.00
Total monthly$2,154.00$5,295.65$4,624.00
Cash to close$551,299$64,850$64,850