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$727,998$727,998$963,000
Remaining term (yrs)25.425.430.0
Secondary amount$0$235,002$0
Funding fee$3,640$3,640$0
Note rate3.450%3.450%7.400%
Blended rate3.450%4.499%7.640%
1st payment$3,580.28$3,580.28$6,667.62
2nd payment$0.00$1,517.72$0.00
Taxes / mo$438.56$438.56$438.56
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$192.60
HOA / mo$130.00$130.00$130.00
Total monthly$4,365.51$5,883.23$7,645.44
Cash to close$342,002$107,000$107,000