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$693,928$693,928$1,169,100
Remaining term (yrs)24.924.930.0
Secondary amount$0$475,172$0
Funding fee$3,470$3,470$0
Note rate2.760%2.760%7.320%
Blended rate2.760%4.788%7.560%
1st payment$3,197.33$3,197.33$8,030.91
2nd payment$0.00$3,068.82$0.00
Taxes / mo$235.92$235.92$235.92
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$233.82
HOA / mo$0.00$0.00$0.00
Total monthly$3,649.91$6,718.73$8,717.31
Cash to close$605,072$129,900$129,900