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$960,635$960,635$1,619,100
Remaining term (yrs)23.923.930.0
Secondary amount$0$658,465$0
Funding fee$4,803$4,803$0
Note rate3.180%3.180%7.320%
Blended rate3.180%5.039%7.560%
1st payment$4,761.93$4,761.93$11,122.09
2nd payment$0.00$4,252.58$0.00
Taxes / mo$1,499.17$1,499.17$1,499.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$323.82
HOA / mo$155.00$155.00$155.00
Total monthly$6,632.77$10,885.35$13,316.75
Cash to close$838,365$179,900$179,900