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$771,480$771,480$989,100
Remaining term (yrs)25.125.130.0
Secondary amount$0$217,620$0
Funding fee$3,857$3,857$0
Note rate2.880%2.880%7.400%
Blended rate2.880%3.951%7.640%
1st payment$3,586.06$3,586.06$6,848.33
2nd payment$0.00$1,405.47$0.00
Taxes / mo$795.97$795.97$795.97
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$197.82
HOA / mo$40.00$40.00$40.00
Total monthly$4,638.70$6,044.17$8,098.79
Cash to close$327,520$109,900$109,900