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$776,302$776,302$1,165,500
Remaining term (yrs)24.324.330.0
Secondary amount$0$389,198$0
Funding fee$3,882$3,882$0
Note rate2.770%2.770%7.320%
Blended rate2.770%4.433%7.560%
1st payment$3,648.66$3,648.66$8,006.18
2nd payment$0.00$2,513.57$0.00
Taxes / mo$1,274.67$1,274.67$1,274.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$233.10
HOA / mo$229.00$229.00$229.00
Total monthly$5,368.99$7,882.56$9,959.61
Cash to close$518,698$129,500$129,500