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$814,687$814,687$1,709,100
Remaining term (yrs)23.823.830.0
Secondary amount$0$894,413$0
Funding fee$4,073$4,073$0
Note rate3.100%3.100%7.400%
Blended rate3.100%5.533%7.640%
1st payment$4,023.29$4,023.29$11,833.46
2nd payment$0.00$5,776.42$0.00
Taxes / mo$1,703.92$1,703.92$1,703.92
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$341.82
HOA / mo$331.67$331.67$331.67
Total monthly$6,275.55$12,051.96$14,427.54
Cash to close$1,084,313$189,900$189,900