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$116,125$116,125$675,000
Remaining term (yrs)20.820.830.0
Secondary amount$0$558,875$0
Funding fee$581$581$0
Note rate3.880%3.880%7.320%
Blended rate3.880%7.084%7.560%
1st payment$676.21$676.21$4,636.78
2nd payment$0.00$3,609.40$0.00
Taxes / mo$471.75$471.75$471.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$135.00
HOA / mo$110.00$110.00$110.00
Total monthly$1,474.63$5,084.03$5,570.20
Cash to close$633,875$75,000$75,000