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$85,394$85,394$719,100
Remaining term (yrs)19.019.030.0
Secondary amount$0$633,706$0
Funding fee$427$427$0
Note rate2.960%2.960%7.400%
Blended rate2.960%7.181%7.640%
1st payment$486.95$486.95$4,978.90
2nd payment$0.00$4,092.68$0.00
Taxes / mo$665.83$665.83$665.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$143.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,369.45$5,462.13$6,005.22
Cash to close$713,606$79,900$79,900