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$648,534$648,534$1,525,500
Remaining term (yrs)21.421.430.0
Secondary amount$0$876,966$0
Funding fee$3,243$3,243$0
Note rate4.320%4.320%7.400%
Blended rate4.320%6.292%7.640%
1st payment$3,854.38$3,854.38$10,562.25
2nd payment$0.00$5,663.74$0.00
Taxes / mo$1,412.50$1,412.50$1,412.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$305.10
HOA / mo$25.00$25.00$25.00
Total monthly$5,508.54$11,172.28$12,521.52
Cash to close$1,046,466$169,500$169,500