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$628,969$628,969$945,000
Remaining term (yrs)35.435.430.0
Secondary amount$0$316,031$0
Funding fee$3,145$3,145$0
Note rate3.210%3.210%7.400%
Blended rate3.210%4.728%7.640%
1st payment$2,475.89$2,475.89$6,542.99
2nd payment$0.00$2,041.04$0.00
Taxes / mo$1,190.86$1,190.86$1,190.86
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$189.00
HOA / mo$0.00$0.00$0.00
Total monthly$3,883.42$5,924.45$8,139.51
Cash to close$421,031$105,000$105,000