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$195,919$195,919$765,000
Remaining term (yrs)9.99.930.0
Secondary amount$0$569,081$0
Funding fee$980$980$0
Note rate2.100%2.100%7.400%
Blended rate2.100%6.303%7.640%
1st payment$1,811.51$1,811.51$5,296.71
2nd payment$0.00$3,675.31$0.00
Taxes / mo$708.33$708.33$708.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$153.00
HOA / mo$54.00$54.00$54.00
Total monthly$2,790.51$6,465.82$6,428.71
Cash to close$654,081$85,000$85,000