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$136,160$136,160$675,000
Remaining term (yrs)25.125.130.0
Secondary amount$0$538,840$0
Funding fee$681$681$0
Note rate3.050%3.050%7.400%
Blended rate3.050%6.802%7.640%
1st payment$644.94$644.94$4,673.56
2nd payment$0.00$3,480.01$0.00
Taxes / mo$625.00$625.00$625.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$135.00
HOA / mo$360.00$360.00$360.00
Total monthly$1,846.61$5,326.62$6,010.23
Cash to close$613,840$75,000$75,000