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$576,800$576,800$1,349,100
Remaining term (yrs)23.623.630.0
Secondary amount$0$772,300$0
Funding fee$2,884$2,884$0
Note rate3.330%3.330%7.400%
Blended rate3.330%5.860%7.640%
1st payment$2,931.24$2,931.24$9,340.90
2nd payment$0.00$4,987.77$0.00
Taxes / mo$1,249.17$1,249.17$1,249.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$269.82
HOA / mo$0.00$0.00$0.00
Total monthly$4,397.08$9,384.85$11,076.55
Cash to close$922,200$149,900$149,900