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$544,870$544,870$1,165,500
Remaining term (yrs)23.923.930.0
Secondary amount$0$620,630$0
Funding fee$2,724$2,724$0
Note rate3.270%3.270%7.400%
Blended rate3.270%5.656%7.640%
1st payment$2,732.86$2,732.86$8,069.69
2nd payment$0.00$4,008.24$0.00
Taxes / mo$1,079.17$1,079.17$1,079.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$233.10
HOA / mo$66.00$66.00$66.00
Total monthly$4,094.70$8,102.93$9,664.62
Cash to close$750,130$129,500$129,500