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$42,677$42,677$760,500
Remaining term (yrs)2.02.030.0
Secondary amount$0$717,823$0
Funding fee$213$213$0
Note rate6.660%6.660%7.400%
Blended rate6.660%7.689%7.640%
1st payment$1,767.22$1,767.22$5,265.55
2nd payment$0.00$4,635.94$0.00
Taxes / mo$612.33$612.33$612.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$152.10
HOA / mo$55.00$55.00$55.00
Total monthly$2,651.22$7,287.17$6,301.65
Cash to close$802,323$84,500$84,500