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$820,514$820,514$2,317,500
Remaining term (yrs)24.424.430.0
Secondary amount$0$1,496,986$0
Funding fee$4,103$4,103$0
Note rate2.730%2.730%7.320%
Blended rate2.730%5.973%7.560%
1st payment$3,821.41$3,821.41$15,919.62
2nd payment$0.00$9,668.03$0.00
Taxes / mo$2,145.83$2,145.83$2,145.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$463.50
HOA / mo$356.00$356.00$356.00
Total monthly$6,539.91$16,207.94$19,101.62
Cash to close$1,754,486$257,500$257,500