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$416,664$416,664$1,165,500
Remaining term (yrs)24.224.230.0
Secondary amount$0$748,836$0
Funding fee$2,083$2,083$0
Note rate2.720%2.720%7.400%
Blended rate2.720%5.952%7.640%
1st payment$1,952.42$1,952.42$8,069.69
2nd payment$0.00$4,836.23$0.00
Taxes / mo$737.08$737.08$737.08
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$233.10
HOA / mo$35.00$35.00$35.00
Total monthly$2,941.17$7,777.41$9,291.54
Cash to close$878,336$129,500$129,500