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$484,794$484,794$1,215,000
Remaining term (yrs)23.523.530.0
Secondary amount$0$730,206$0
Funding fee$2,424$2,424$0
Note rate3.720%3.720%7.320%
Blended rate3.720%6.142%7.560%
1st payment$2,569.80$2,569.80$8,346.21
2nd payment$0.00$4,715.91$0.00
Taxes / mo$608.75$608.75$608.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$243.00
HOA / mo$341.00$341.00$341.00
Total monthly$3,736.21$8,452.12$9,755.62
Cash to close$865,206$135,000$135,000