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$61,823$61,823$809,100
Remaining term (yrs)5.25.230.0
Secondary amount$0$747,277$0
Funding fee$309$309$0
Note rate2.780%2.780%7.320%
Blended rate2.780%7.370%7.560%
1st payment$1,040.48$1,040.48$5,557.96
2nd payment$0.00$4,826.17$0.00
Taxes / mo$749.17$749.17$749.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$161.82
HOA / mo$574.00$574.00$574.00
Total monthly$2,580.31$7,406.48$7,259.61
Cash to close$837,177$89,900$89,900