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$665,713$665,713$981,000
Remaining term (yrs)25.225.230.0
Secondary amount$0$315,287$0
Funding fee$3,329$3,329$0
Note rate2.980%2.980%7.400%
Blended rate2.980%4.513%7.640%
1st payment$3,122.06$3,122.06$6,792.25
2nd payment$0.00$2,036.23$0.00
Taxes / mo$908.33$908.33$908.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$196.20
HOA / mo$135.00$135.00$135.00
Total monthly$4,382.06$6,418.29$8,248.45
Cash to close$424,287$109,000$109,000