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$783,531$783,531$945,000
Remaining term (yrs)25.025.030.0
Secondary amount$0$161,469$0
Funding fee$3,918$3,918$0
Note rate2.860%2.860%7.320%
Blended rate2.860%3.738%7.560%
1st payment$3,642.20$3,642.20$6,491.49
2nd payment$0.00$1,076.46$0.00
Taxes / mo$875.00$875.00$875.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$189.00
HOA / mo$114.00$114.00$114.00
Total monthly$4,847.86$5,924.32$7,886.16
Cash to close$266,469$105,000$105,000