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$804,950$804,950$967,500
Remaining term (yrs)25.025.030.0
Secondary amount$0$162,550$0
Funding fee$4,025$4,025$0
Note rate2.750%2.750%7.400%
Blended rate2.750%3.632%7.640%
1st payment$3,696.22$3,696.22$6,698.77
2nd payment$0.00$1,083.67$0.00
Taxes / mo$698.92$698.92$698.92
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$193.50
HOA / mo$57.67$57.67$57.67
Total monthly$4,669.47$5,753.14$7,865.53
Cash to close$270,050$107,500$107,500