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$919,336$919,336$1,169,999
Remaining term (yrs)23.823.830.0
Secondary amount$0$250,663$0
Funding fee$4,597$4,597$0
Note rate3.070%3.070%7.400%
Blended rate3.070%4.073%7.640%
1st payment$4,525.80$4,525.80$8,100.84
2nd payment$0.00$1,618.87$0.00
Taxes / mo$665.83$665.83$665.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$234.00
HOA / mo$39.58$39.58$39.58
Total monthly$5,447.88$7,066.74$9,256.92
Cash to close$380,663$130,000$130,000