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$922,647$922,647$1,845,000
Remaining term (yrs)24.524.530.0
Secondary amount$0$922,353$0
Funding fee$4,613$4,613$0
Note rate3.170%3.170%7.320%
Blended rate3.170%5.460%7.560%
1st payment$4,496.85$4,496.85$12,673.87
2nd payment$0.00$5,956.86$0.00
Taxes / mo$364.67$364.67$364.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$369.00
HOA / mo$85.33$85.33$85.33
Total monthly$5,163.51$11,120.38$13,709.53
Cash to close$1,127,353$205,000$205,000