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$912,716$912,716$1,619,910
Remaining term (yrs)24.024.030.0
Secondary amount$0$707,194$0
Funding fee$4,564$4,564$0
Note rate2.900%2.900%7.400%
Blended rate2.900%5.017%7.640%
1st payment$4,381.59$4,381.59$11,215.93
2nd payment$0.00$4,567.29$0.00
Taxes / mo$1,499.92$1,499.92$1,499.92
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$323.98
HOA / mo$375.00$375.00$375.00
Total monthly$6,473.17$11,040.47$13,631.49
Cash to close$887,184$179,990$179,990