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$728,824$728,824$1,124,100
Remaining term (yrs)24.224.230.0
Secondary amount$0$395,276$0
Funding fee$3,644$3,644$0
Note rate2.710%2.710%7.400%
Blended rate2.710%4.482%7.640%
1st payment$3,411.45$3,411.45$7,783.04
2nd payment$0.00$2,552.82$0.00
Taxes / mo$693.08$693.08$693.08
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$224.82
HOA / mo$91.00$91.00$91.00
Total monthly$4,412.20$6,965.03$9,008.61
Cash to close$520,176$124,900$124,900