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$806,767$806,767$1,795,500
Remaining term (yrs)22.922.930.0
Secondary amount$0$988,733$0
Funding fee$4,034$4,034$0
Note rate3.750%3.750%7.400%
Blended rate3.750%5.953%7.640%
1st payment$4,366.93$4,366.93$12,431.68
2nd payment$0.00$6,385.57$0.00
Taxes / mo$1,662.50$1,662.50$1,662.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$359.10
HOA / mo$0.00$0.00$0.00
Total monthly$6,246.10$12,631.67$14,669.95
Cash to close$1,188,233$199,500$199,500