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$548,294$548,294$1,304,100
Remaining term (yrs)24.024.030.0
Secondary amount$0$755,806$0
Funding fee$2,741$2,741$0
Note rate2.900%2.900%7.320%
Blended rate2.900%5.711%7.560%
1st payment$2,632.14$2,632.14$8,958.26
2nd payment$0.00$4,881.25$0.00
Taxes / mo$756.33$756.33$756.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$260.82
HOA / mo$0.00$0.00$0.00
Total monthly$3,605.14$8,486.39$10,192.08
Cash to close$900,706$144,900$144,900