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$788,351$788,351$1,124,100
Remaining term (yrs)24.924.930.0
Secondary amount$0$335,749$0
Funding fee$3,942$3,942$0
Note rate2.800%2.800%7.400%
Blended rate2.800%4.278%7.640%
1st payment$3,656.96$3,656.96$7,783.04
2nd payment$0.00$2,168.38$0.00
Taxes / mo$1,040.83$1,040.83$1,040.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$224.82
HOA / mo$240.00$240.00$240.00
Total monthly$5,154.46$7,322.84$9,505.36
Cash to close$460,649$124,900$124,900