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$186,027$186,027$675,000
Remaining term (yrs)24.624.630.0
Secondary amount$0$488,973$0
Funding fee$930$930$0
Note rate3.040%3.040%7.400%
Blended rate3.040%6.452%7.640%
1st payment$892.02$892.02$4,673.56
2nd payment$0.00$3,157.95$0.00
Taxes / mo$625.00$625.00$625.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$135.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,733.69$4,891.63$5,650.23
Cash to close$563,973$75,000$75,000