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$124,552$124,552$602,100
Remaining term (yrs)24.024.030.0
Secondary amount$0$477,548$0
Funding fee$623$623$0
Note rate2.880%2.880%7.400%
Blended rate2.880%6.743%7.640%
1st payment$596.65$596.65$4,168.82
2nd payment$0.00$3,084.16$0.00
Taxes / mo$17.92$17.92$17.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$120.42
HOA / mo$0.00$0.00$0.00
Total monthly$781.23$3,865.39$4,473.82
Cash to close$544,448$66,900$66,900