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$832,633$832,633$989,100
Remaining term (yrs)25.125.130.0
Secondary amount$0$156,467$0
Funding fee$4,163$4,163$0
Note rate3.050%3.050%7.320%
Blended rate3.050%3.833%7.560%
1st payment$3,943.92$3,943.92$6,794.43
2nd payment$0.00$1,043.11$0.00
Taxes / mo$915.83$915.83$915.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$197.82
HOA / mo$78.00$78.00$78.00
Total monthly$5,154.42$6,197.53$8,202.75
Cash to close$266,367$109,900$109,900