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$779,258$779,258$832,499
Remaining term (yrs)24.824.830.0
Secondary amount$0$53,241$0
Funding fee$3,896$3,896$0
Note rate2.870%2.870%7.400%
Blended rate2.870%3.262%7.640%
1st payment$3,651.19$3,651.19$5,764.06
2nd payment$0.00$399.31$0.00
Taxes / mo$407.00$407.00$407.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$166.50
HOA / mo$0.00$0.00$0.00
Total monthly$4,274.86$4,674.17$6,554.22
Cash to close$145,741$92,500$92,500