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$186,546$186,546$881,100
Remaining term (yrs)10.010.030.0
Secondary amount$0$694,554$0
Funding fee$933$933$0
Note rate2.370%2.370%7.400%
Blended rate2.370%6.611%7.640%
1st payment$1,722.17$1,722.17$6,100.56
2nd payment$0.00$4,485.66$0.00
Taxes / mo$815.83$815.83$815.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$176.22
HOA / mo$0.00$0.00$0.00
Total monthly$2,754.67$7,240.33$7,309.28
Cash to close$792,454$97,900$97,900