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$793,725$793,725$1,304,100
Remaining term (yrs)24.524.530.0
Secondary amount$0$510,375$0
Funding fee$3,969$3,969$0
Note rate3.050%3.050%7.320%
Blended rate3.050%4.889%7.560%
1st payment$3,818.75$3,818.75$8,958.26
2nd payment$0.00$3,296.17$0.00
Taxes / mo$414.33$414.33$414.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$260.82
HOA / mo$0.00$0.00$0.00
Total monthly$4,449.75$7,745.92$9,850.08
Cash to close$655,275$144,900$144,900