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$25,405$25,405$584,820
Remaining term (yrs)1.81.830.0
Secondary amount$0$559,415$0
Funding fee$127$127$0
Note rate7.070%7.070%7.400%
Blended rate7.070%7.720%7.640%
1st payment$1,184.35$1,184.35$4,049.18
2nd payment$0.00$3,612.89$0.00
Taxes / mo$541.50$541.50$541.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$116.96
HOA / mo$0.00$0.00$0.00
Total monthly$1,892.52$5,505.40$4,874.31
Cash to close$624,395$64,980$64,980