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$955,468$955,468$1,574,100
Remaining term (yrs)23.923.930.0
Secondary amount$0$618,632$0
Funding fee$4,777$4,777$0
Note rate2.930%2.930%7.320%
Blended rate2.930%4.824%7.560%
1st payment$4,612.52$4,612.52$10,812.97
2nd payment$0.00$3,995.33$0.00
Taxes / mo$1,457.50$1,457.50$1,457.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$314.82
HOA / mo$186.00$186.00$186.00
Total monthly$6,472.68$10,468.01$12,987.96
Cash to close$793,532$174,900$174,900