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$5,814$5,814$616,500
Remaining term (yrs)0.30.330.0
Secondary amount$0$610,686$0
Funding fee$29$29$0
Note rate7.570%7.570%7.400%
Blended rate7.570%7.748%7.640%
1st payment$1,184.86$1,184.86$4,268.52
2nd payment$0.00$3,944.02$0.00
Taxes / mo$244.50$244.50$244.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$123.30
HOA / mo$0.00$0.00$0.00
Total monthly$1,596.02$5,540.04$4,802.99
Cash to close$679,186$68,500$68,500