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$82,410$82,410$675,000
Remaining term (yrs)8.88.830.0
Secondary amount$0$592,590$0
Funding fee$412$412$0
Note rate5.560%5.560%7.320%
Blended rate5.560%7.483%7.560%
1st payment$978.57$978.57$4,636.78
2nd payment$0.00$3,827.14$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$1,820.23$5,647.37$5,613.45
Cash to close$667,590$75,000$75,000