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$710,253$710,253$895,500
Remaining term (yrs)23.923.930.0
Secondary amount$0$185,247$0
Funding fee$3,551$3,551$0
Note rate2.900%2.900%7.320%
Blended rate2.900%3.955%7.560%
1st payment$3,426.00$3,426.00$6,151.46
2nd payment$0.00$1,234.98$0.00
Taxes / mo$1,182.33$1,182.33$1,182.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$179.10
HOA / mo$11.00$11.00$11.00
Total monthly$4,836.00$6,070.98$7,740.56
Cash to close$284,747$99,500$99,500