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$816,725$816,725$985,500
Remaining term (yrs)25.125.130.0
Secondary amount$0$168,775$0
Funding fee$4,084$4,084$0
Note rate2.250%2.250%7.320%
Blended rate2.250%3.235%7.560%
1st payment$3,535.72$3,535.72$6,769.70
2nd payment$0.00$1,125.17$0.00
Taxes / mo$395.67$395.67$395.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$197.10
HOA / mo$0.00$0.00$0.00
Total monthly$4,148.05$5,273.21$7,579.13
Cash to close$278,275$109,500$109,500