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$663,050$663,050$762,300
Remaining term (yrs)24.724.730.0
Secondary amount$0$99,250$0
Funding fee$3,315$3,315$0
Note rate2.940%2.940%7.320%
Blended rate2.940%3.729%7.560%
1st payment$3,137.81$3,137.81$5,236.47
2nd payment$0.00$744.37$0.00
Taxes / mo$326.25$326.25$326.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$152.46
HOA / mo$573.00$573.00$573.00
Total monthly$4,253.73$4,998.10$6,504.85
Cash to close$183,950$84,700$84,700