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$658,861$658,861$1,237,499
Remaining term (yrs)23.823.830.0
Secondary amount$0$578,638$0
Funding fee$3,294$3,294$0
Note rate3.340%3.340%7.320%
Blended rate3.340%5.402%7.560%
1st payment$3,336.42$3,336.42$8,500.76
2nd payment$0.00$3,737.04$0.00
Taxes / mo$969.83$969.83$969.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$247.50
HOA / mo$0.00$0.00$0.00
Total monthly$4,522.92$8,259.95$9,934.75
Cash to close$716,138$137,500$137,500