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$163,879$163,879$711,000
Remaining term (yrs)14.914.930.0
Secondary amount$0$547,121$0
Funding fee$819$819$0
Note rate4.220%4.220%7.400%
Blended rate4.220%6.936%7.640%
1st payment$1,225.46$1,225.46$4,922.82
2nd payment$0.00$3,533.49$0.00
Taxes / mo$352.25$352.25$352.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$142.20
HOA / mo$89.67$89.67$89.67
Total monthly$1,884.05$5,417.54$5,723.61
Cash to close$626,121$79,000$79,000