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$790,352$790,352$1,260,000
Remaining term (yrs)25.325.330.0
Secondary amount$0$469,648$0
Funding fee$3,952$3,952$0
Note rate3.210%3.210%7.320%
Blended rate3.210%4.902%7.560%
1st payment$3,785.84$3,785.84$8,655.33
2nd payment$0.00$3,033.14$0.00
Taxes / mo$379.57$379.57$379.57
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$252.00
HOA / mo$0.00$0.00$0.00
Total monthly$4,382.08$7,415.22$9,503.56
Cash to close$609,648$140,000$140,000