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$619,971$619,971$1,349,100
Remaining term (yrs)23.423.430.0
Secondary amount$0$729,129$0
Funding fee$3,100$3,100$0
Note rate3.360%3.360%7.400%
Blended rate3.360%5.733%7.640%
1st payment$3,182.41$3,182.41$9,340.90
2nd payment$0.00$4,708.96$0.00
Taxes / mo$665.17$665.17$665.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$269.82
HOA / mo$0.00$0.00$0.00
Total monthly$4,064.25$8,773.21$10,492.55
Cash to close$879,029$149,900$149,900