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$769,122$769,122$1,347,300
Remaining term (yrs)24.424.430.0
Secondary amount$0$578,178$0
Funding fee$3,846$3,846$0
Note rate2.830%2.830%7.400%
Blended rate2.830%4.941%7.640%
1st payment$3,629.92$3,629.92$9,328.43
2nd payment$0.00$3,734.06$0.00
Taxes / mo$1,076.17$1,076.17$1,076.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$269.46
HOA / mo$45.00$45.00$45.00
Total monthly$4,967.75$8,701.82$10,935.73
Cash to close$727,878$149,700$149,700