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$698,020$698,020$787,500
Remaining term (yrs)25.225.230.0
Secondary amount$0$89,480$0
Funding fee$3,490$3,490$0
Note rate3.090%3.090%7.400%
Blended rate3.090%3.762%7.640%
1st payment$3,313.70$3,313.70$5,452.49
2nd payment$0.00$671.10$0.00
Taxes / mo$273.42$273.42$273.42
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$157.50
HOA / mo$89.83$89.83$89.83
Total monthly$3,893.61$4,564.71$6,189.90
Cash to close$176,980$87,500$87,500