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$751,980$751,980$1,255,500
Remaining term (yrs)25.125.130.0
Secondary amount$0$503,520$0
Funding fee$3,760$3,760$0
Note rate3.090%3.090%7.320%
Blended rate3.090%4.959%7.560%
1st payment$3,577.63$3,577.63$8,624.41
2nd payment$0.00$3,251.90$0.00
Taxes / mo$61.67$61.67$61.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$251.10
HOA / mo$208.33$208.33$208.33
Total monthly$4,064.30$7,316.20$9,362.18
Cash to close$643,020$139,500$139,500