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$782,263$782,263$988,200
Remaining term (yrs)25.025.030.0
Secondary amount$0$205,937$0
Funding fee$3,911$3,911$0
Note rate2.770%2.770%7.320%
Blended rate2.770%3.808%7.560%
1st payment$3,600.07$3,600.07$6,788.25
2nd payment$0.00$1,330.01$0.00
Taxes / mo$915.00$915.00$915.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$197.64
HOA / mo$114.00$114.00$114.00
Total monthly$4,845.73$6,175.74$8,231.56
Cash to close$315,737$109,800$109,800