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$127,502$127,502$531,000
Remaining term (yrs)24.524.530.0
Secondary amount$0$403,498$0
Funding fee$638$638$0
Note rate2.770%2.770%7.400%
Blended rate2.770%6.554%7.640%
1st payment$595.01$595.01$3,676.54
2nd payment$0.00$2,605.93$0.00
Taxes / mo$283.17$283.17$283.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$106.20
HOA / mo$45.83$45.83$45.83
Total monthly$1,090.68$3,696.60$4,278.40
Cash to close$462,498$59,000$59,000