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$645,915$645,915$1,192,500
Remaining term (yrs)23.423.430.0
Secondary amount$0$546,585$0
Funding fee$3,230$3,230$0
Note rate2.730%2.730%7.240%
Blended rate2.730%5.031%7.480%
1st payment$3,097.92$3,097.92$8,126.87
2nd payment$0.00$3,530.03$0.00
Taxes / mo$1,104.17$1,104.17$1,104.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$238.50
HOA / mo$0.00$0.00$0.00
Total monthly$4,418.75$7,948.78$9,686.20
Cash to close$679,085$132,500$132,500