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$912,021$912,021$1,125,000
Remaining term (yrs)24.924.930.0
Secondary amount$0$212,979$0
Funding fee$4,560$4,560$0
Note rate2.780%2.780%7.400%
Blended rate2.780%3.721%7.640%
1st payment$4,221.27$4,221.27$7,789.27
2nd payment$0.00$1,375.49$0.00
Taxes / mo$747.50$747.50$747.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$225.00
HOA / mo$25.00$25.00$25.00
Total monthly$5,210.44$6,585.93$9,003.44
Cash to close$337,979$125,000$125,000