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$695,530$695,530$809,100
Remaining term (yrs)25.225.230.0
Secondary amount$0$113,570$0
Funding fee$3,478$3,478$0
Note rate2.880%2.880%7.400%
Blended rate2.880%3.599%7.640%
1st payment$3,225.79$3,225.79$5,602.04
2nd payment$0.00$757.13$0.00
Taxes / mo$273.42$273.42$273.42
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$161.82
HOA / mo$83.33$83.33$83.33
Total monthly$3,799.20$4,556.34$6,337.28
Cash to close$203,470$89,900$89,900