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$839,316$839,316$1,210,500
Remaining term (yrs)25.325.330.0
Secondary amount$0$371,184$0
Funding fee$4,197$4,197$0
Note rate3.050%3.050%7.320%
Blended rate3.050%4.491%7.560%
1st payment$3,958.26$3,958.26$8,315.30
2nd payment$0.00$2,397.23$0.00
Taxes / mo$870.00$870.00$870.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$242.10
HOA / mo$0.00$0.00$0.00
Total monthly$5,044.93$7,442.16$9,644.06
Cash to close$505,684$134,500$134,500