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$734,589$734,589$1,259,100
Remaining term (yrs)24.624.630.0
Secondary amount$0$524,511$0
Funding fee$3,673$3,673$0
Note rate2.960%2.960%7.400%
Blended rate2.960%4.955%7.640%
1st payment$3,491.92$3,491.92$8,717.75
2nd payment$0.00$3,387.46$0.00
Taxes / mo$1,165.83$1,165.83$1,165.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$251.82
HOA / mo$180.00$180.00$180.00
Total monthly$5,054.42$8,441.88$10,532.07
Cash to close$664,411$139,900$139,900