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$1,874,317$1,874,317$5,400,000
Remaining term (yrs)23.723.730.0
Secondary amount$0$3,525,683$0
Funding fee$9,372$9,372$0
Note rate3.100%3.100%7.320%
Blended rate3.100%6.136%7.560%
1st payment$9,278.08$9,278.08$37,094.25
2nd payment$0.00$22,770.04$0.00
Taxes / mo$255.40$255.40$255.40
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$1,080.00
HOA / mo$0.00$0.00$0.00
Total monthly$9,750.14$32,520.18$38,646.32
Cash to close$4,125,683$600,000$600,000