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$766,244$766,244$1,345,500
Remaining term (yrs)24.424.430.0
Secondary amount$0$579,256$0
Funding fee$3,831$3,831$0
Note rate2.810%2.810%7.320%
Blended rate2.810%4.937%7.560%
1st payment$3,599.98$3,599.98$9,242.65
2nd payment$0.00$3,741.03$0.00
Taxes / mo$1,245.83$1,245.83$1,245.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$269.10
HOA / mo$1,053.00$1,053.00$1,053.00
Total monthly$6,115.48$9,856.51$12,027.25
Cash to close$728,756$149,500$149,500