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$617,984$617,984$1,527,300
Remaining term (yrs)25.425.430.0
Secondary amount$0$909,316$0
Funding fee$3,090$3,090$0
Note rate3.550%3.550%7.400%
Blended rate3.550%6.051%7.640%
1st payment$3,072.51$3,072.51$10,574.72
2nd payment$0.00$5,872.67$0.00
Taxes / mo$427.33$427.33$427.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$305.46
HOA / mo$0.00$0.00$0.00
Total monthly$3,716.51$9,589.18$11,524.18
Cash to close$1,079,016$169,700$169,700