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$724,416$724,416$904,500
Remaining term (yrs)25.025.030.0
Secondary amount$0$180,084$0
Funding fee$3,622$3,622$0
Note rate2.860%2.860%7.400%
Blended rate2.860%3.883%7.640%
1st payment$3,367.40$3,367.40$6,262.58
2nd payment$0.00$1,200.56$0.00
Taxes / mo$448.50$448.50$448.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$180.90
HOA / mo$0.00$0.00$0.00
Total monthly$4,032.57$5,233.13$7,108.64
Cash to close$280,584$100,500$100,500