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$759,240$759,240$1,215,000
Remaining term (yrs)25.725.730.0
Secondary amount$0$455,760$0
Funding fee$3,796$3,796$0
Note rate5.100%5.100%7.400%
Blended rate5.100%6.094%7.640%
1st payment$4,411.49$4,411.49$8,412.41
2nd payment$0.00$2,943.45$0.00
Taxes / mo$489.67$489.67$489.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$243.00
HOA / mo$165.00$165.00$165.00
Total monthly$5,282.82$8,226.27$9,526.75
Cash to close$590,760$135,000$135,000