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$691,445$691,445$967,500
Remaining term (yrs)23.623.630.0
Secondary amount$0$276,055$0
Funding fee$3,457$3,457$0
Note rate3.130%3.130%7.320%
Blended rate3.130%4.448%7.560%
1st payment$3,441.61$3,441.61$6,646.05
2nd payment$0.00$1,782.86$0.00
Taxes / mo$929.00$929.00$929.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$193.50
HOA / mo$141.00$141.00$141.00
Total monthly$4,728.28$6,511.13$8,126.22
Cash to close$383,555$107,500$107,500