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$695,161$695,161$1,395,000
Remaining term (yrs)24.024.030.0
Secondary amount$0$699,839$0
Funding fee$3,476$3,476$0
Note rate3.180%3.180%7.320%
Blended rate3.180%5.473%7.560%
1st payment$3,438.05$3,438.05$9,582.68
2nd payment$0.00$4,519.79$0.00
Taxes / mo$613.48$613.48$613.48
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$279.00
HOA / mo$20.83$20.83$20.83
Total monthly$4,289.02$8,808.82$10,712.66
Cash to close$854,839$155,000$155,000