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$452,511$452,511$1,215,000
Remaining term (yrs)20.320.330.0
Secondary amount$0$762,489$0
Funding fee$2,263$2,263$0
Note rate4.130%4.130%7.240%
Blended rate4.130%6.402%7.480%
1st payment$2,736.83$2,736.83$8,280.20
2nd payment$0.00$4,924.41$0.00
Taxes / mo$1,125.00$1,125.00$1,125.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$243.00
HOA / mo$1,974.00$1,974.00$1,974.00
Total monthly$6,052.50$10,976.91$11,838.87
Cash to close$897,489$135,000$135,000