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$16,127$16,127$629,100
Remaining term (yrs)1.01.030.0
Secondary amount$0$612,973$0
Funding fee$81$81$0
Note rate7.260%7.260%7.400%
Blended rate7.260%7.737%7.640%
1st payment$1,204.90$1,204.90$4,355.76
2nd payment$0.00$3,958.78$0.00
Taxes / mo$582.50$582.50$582.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$125.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,954.06$5,912.85$5,230.75
Cash to close$682,873$69,900$69,900