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$1,799,100
Remaining term (yrs)24.924.930.0
Secondary amount$0$1,105,172$0
Funding fee$3,470$3,470$0
Note rate2.760%2.760%7.320%
Blended rate2.760%5.825%7.560%
1st payment$3,197.33$3,197.33$12,358.57
2nd payment$0.00$7,137.57$0.00
Taxes / mo$235.92$235.92$235.92
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$359.82
HOA / mo$0.00$0.00$0.00
Total monthly$3,649.91$10,787.48$13,170.97
Cash to close$1,305,072$199,900$199,900