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$838,223$838,223$1,165,500
Remaining term (yrs)24.924.930.0
Secondary amount$0$327,277$0
Funding fee$4,191$4,191$0
Note rate2.750%2.750%7.400%
Blended rate2.750%4.154%7.640%
1st payment$3,857.88$3,857.88$8,069.69
2nd payment$0.00$2,113.66$0.00
Taxes / mo$328.50$328.50$328.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$233.10
HOA / mo$150.00$150.00$150.00
Total monthly$4,553.05$6,666.71$8,997.95
Cash to close$456,777$129,500$129,500