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$1,114,157$1,114,157$2,385,000
Remaining term (yrs)23.923.930.0
Secondary amount$0$1,270,843$0
Funding fee$5,571$5,571$0
Note rate3.010%3.010%7.240%
Blended rate3.010%5.536%7.480%
1st payment$5,424.54$5,424.54$16,253.73
2nd payment$0.00$8,207.53$0.00
Taxes / mo$2,208.33$2,208.33$2,208.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$477.00
HOA / mo$0.00$0.00$0.00
Total monthly$7,849.54$16,057.07$19,155.73
Cash to close$1,535,843$265,000$265,000