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$211,016$211,016$720,000
Remaining term (yrs)24.924.930.0
Secondary amount$0$508,984$0
Funding fee$1,055$1,055$0
Note rate2.870%2.870%7.320%
Blended rate2.870%6.320%7.560%
1st payment$984.21$984.21$4,945.90
2nd payment$0.00$3,287.19$0.00
Taxes / mo$306.83$306.83$306.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$144.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,507.71$4,794.90$5,613.40
Cash to close$588,984$80,000$80,000