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$83,654$83,654$592,200
Remaining term (yrs)6.86.830.0
Secondary amount$0$508,546$0
Funding fee$418$418$0
Note rate5.210%5.210%7.400%
Blended rate5.210%7.391%7.640%
1st payment$1,202.53$1,202.53$4,100.27
2nd payment$0.00$3,284.36$0.00
Taxes / mo$548.33$548.33$548.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$118.44
HOA / mo$0.00$0.00$0.00
Total monthly$1,917.53$5,201.89$4,933.71
Cash to close$574,346$65,800$65,800