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$671,127$671,127$945,000
Remaining term (yrs)24.924.930.0
Secondary amount$0$273,873$0
Funding fee$3,356$3,356$0
Note rate2.770%2.770%7.400%
Blended rate2.770%4.213%7.640%
1st payment$3,102.86$3,102.86$6,542.99
2nd payment$0.00$1,768.76$0.00
Taxes / mo$875.00$875.00$875.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$189.00
HOA / mo$0.00$0.00$0.00
Total monthly$4,194.52$5,963.29$7,823.66
Cash to close$378,873$105,000$105,000