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$739,318$739,318$1,169,999
Remaining term (yrs)24.424.430.0
Secondary amount$0$430,681$0
Funding fee$3,697$3,697$0
Note rate2.710%2.710%7.400%
Blended rate2.710%4.565%7.640%
1st payment$3,443.94$3,443.94$8,100.84
2nd payment$0.00$2,781.48$0.00
Taxes / mo$1,083.33$1,083.33$1,083.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$234.00
HOA / mo$0.00$0.00$0.00
Total monthly$4,743.94$7,525.43$9,634.84
Cash to close$560,681$130,000$130,000