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$842,404$842,404$855,000
Remaining term (yrs)24.824.830.0
Secondary amount$0$60,096$0
Funding fee$4,212$4,212$0
Note rate2.980%2.980%7.320%
Blended rate2.980%3.572%7.560%
1st payment$3,995.00$3,995.00$5,873.26
2nd payment$0.00$594.70$0.00
Taxes / mo$33.33$33.33$33.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$171.00
HOA / mo$183.33$183.33$183.33
Total monthly$4,428.33$5,023.03$6,477.59
Cash to close$107,596$47,500$95,000