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$391,069$391,069$1,036,800
Remaining term (yrs)25.025.030.0
Secondary amount$0$645,731$0
Funding fee$1,955$1,955$0
Note rate2.860%2.860%7.400%
Blended rate2.860%5.906%7.640%
1st payment$1,817.86$1,817.86$7,178.59
2nd payment$0.00$4,170.35$0.00
Taxes / mo$960.00$960.00$960.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$207.36
HOA / mo$752.00$752.00$752.00
Total monthly$3,746.53$7,916.87$9,314.62
Cash to close$760,931$115,200$115,200