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$847,372$847,372$1,327,410
Remaining term (yrs)23.623.630.0
Secondary amount$0$480,038$0
Funding fee$4,237$4,237$0
Note rate3.310%3.310%7.400%
Blended rate3.310%4.916%7.640%
1st payment$4,297.36$4,297.36$9,190.72
2nd payment$0.00$3,100.25$0.00
Taxes / mo$1,198.50$1,198.50$1,198.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$265.48
HOA / mo$50.00$50.00$50.00
Total monthly$5,762.53$8,862.77$10,921.37
Cash to close$627,528$147,490$147,490