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$772,713$772,713$773,100
Remaining term (yrs)25.225.230.0
Secondary amount$0$43,337$0
Funding fee$3,864$3,864$0
Note rate3.100%3.100%7.400%
Blended rate3.100%3.566%7.640%
1st payment$3,672.34$3,672.34$5,352.79
2nd payment$0.00$428.85$0.00
Taxes / mo$715.83$715.83$715.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$154.62
HOA / mo$0.00$0.00$0.00
Total monthly$4,604.84$5,033.70$6,439.91
Cash to close$86,287$42,950$85,900