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$677,348$677,348$945,000
Remaining term (yrs)24.124.130.0
Secondary amount$0$267,652$0
Funding fee$3,387$3,387$0
Note rate2.810%2.810%7.400%
Blended rate2.810%4.209%7.640%
1st payment$3,212.72$3,212.72$6,542.99
2nd payment$0.00$1,728.58$0.00
Taxes / mo$875.00$875.00$875.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$189.00
HOA / mo$0.00$0.00$0.00
Total monthly$4,304.39$6,032.97$7,823.66
Cash to close$372,652$105,000$105,000