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$829,082$829,082$1,435,500
Remaining term (yrs)25.025.030.0
Secondary amount$0$606,418$0
Funding fee$4,145$4,145$0
Note rate2.770%2.770%7.400%
Blended rate2.770%4.874%7.640%
1st payment$3,815.54$3,815.54$9,939.11
2nd payment$0.00$3,916.45$0.00
Taxes / mo$153.99$153.99$153.99
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$287.10
HOA / mo$0.00$0.00$0.00
Total monthly$4,186.19$8,102.64$10,596.87
Cash to close$765,918$159,500$159,500