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$724,843$724,843$886,500
Remaining term (yrs)24.624.630.0
Secondary amount$0$161,657$0
Funding fee$3,624$3,624$0
Note rate3.000%3.000%7.320%
Blended rate3.000%3.912%7.560%
1st payment$3,460.62$3,460.62$6,089.64
2nd payment$0.00$1,077.71$0.00
Taxes / mo$136.83$136.83$136.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$177.30
HOA / mo$0.00$0.00$0.00
Total monthly$3,814.12$4,891.84$6,620.44
Cash to close$260,157$98,500$98,500