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$646,220$646,220$855,000
Remaining term (yrs)25.225.230.0
Secondary amount$0$208,780$0
Funding fee$3,231$3,231$0
Note rate3.090%3.090%7.400%
Blended rate3.090%4.228%7.640%
1st payment$3,067.79$3,067.79$5,919.85
2nd payment$0.00$1,348.37$0.00
Taxes / mo$667.92$667.92$667.92
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$171.00
HOA / mo$120.00$120.00$120.00
Total monthly$4,072.37$5,420.74$7,095.43
Cash to close$303,780$95,000$95,000