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$141,612$141,612$607,500
Remaining term (yrs)24.024.030.0
Secondary amount$0$465,888$0
Funding fee$708$708$0
Note rate2.860%2.860%7.240%
Blended rate2.860%6.610%7.480%
1st payment$676.92$676.92$4,140.10
2nd payment$0.00$3,008.86$0.00
Taxes / mo$562.50$562.50$562.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$121.50
HOA / mo$186.33$186.33$186.33
Total monthly$1,592.42$4,601.27$5,177.10
Cash to close$533,388$67,500$67,500