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$166,581$166,581$715,500
Remaining term (yrs)24.424.430.0
Secondary amount$0$548,919$0
Funding fee$833$833$0
Note rate2.740%2.740%7.400%
Blended rate2.740%6.584%7.640%
1st payment$778.53$778.53$4,953.98
2nd payment$0.00$3,545.10$0.00
Taxes / mo$662.50$662.50$662.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$143.10
HOA / mo$0.00$0.00$0.00
Total monthly$1,657.69$5,202.79$5,976.24
Cash to close$628,419$79,500$79,500