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$717,682$717,682$1,057,500
Remaining term (yrs)24.324.330.0
Secondary amount$0$339,818$0
Funding fee$3,588$3,588$0
Note rate2.650%2.650%7.320%
Blended rate2.650%4.289%7.560%
1st payment$3,321.29$3,321.29$7,264.29
2nd payment$0.00$2,194.66$0.00
Taxes / mo$445.75$445.75$445.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$211.50
HOA / mo$94.00$94.00$94.00
Total monthly$4,077.70$6,272.37$8,232.21
Cash to close$457,318$117,500$117,500