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$764,559$764,559$891,000
Remaining term (yrs)25.125.130.0
Secondary amount$0$126,441$0
Funding fee$3,823$3,823$0
Note rate2.750%2.750%7.400%
Blended rate2.750%3.495%7.640%
1st payment$3,502.71$3,502.71$6,169.10
2nd payment$0.00$842.94$0.00
Taxes / mo$825.00$825.00$825.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$178.20
HOA / mo$0.00$0.00$0.00
Total monthly$4,544.38$5,387.32$7,388.97
Cash to close$225,441$99,000$99,000