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$86,278$86,278$737,100
Remaining term (yrs)5.95.930.0
Secondary amount$0$650,822$0
Funding fee$431$431$0
Note rate6.430%6.430%7.400%
Blended rate6.430%7.595%7.640%
1st payment$1,447.45$1,447.45$5,103.53
2nd payment$0.00$4,203.23$0.00
Taxes / mo$682.50$682.50$682.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$147.42
HOA / mo$0.00$0.00$0.00
Total monthly$2,346.62$6,549.84$6,150.12
Cash to close$732,722$81,900$81,900