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$527,352$527,352$1,282,500
Remaining term (yrs)24.424.430.0
Secondary amount$0$755,148$0
Funding fee$2,637$2,637$0
Note rate2.700%2.700%7.400%
Blended rate2.700%5.673%7.640%
1st payment$2,453.87$2,453.87$8,879.77
2nd payment$0.00$4,877.00$0.00
Taxes / mo$1,036.50$1,036.50$1,036.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$256.50
HOA / mo$129.17$129.17$129.17
Total monthly$3,836.20$8,713.20$10,518.61
Cash to close$897,648$142,500$142,500