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$30,955$30,955$1,125,000
Remaining term (yrs)0.60.630.0
Secondary amount$0$1,094,045$0
Funding fee$155$155$0
Note rate4.520%4.520%7.400%
Blended rate4.520%7.661%7.640%
1st payment$3,504.52$3,504.52$7,789.27
2nd payment$0.00$7,065.71$0.00
Taxes / mo$344.31$344.31$344.31
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$225.00
HOA / mo$31.25$31.25$31.25
Total monthly$4,096.75$11,162.46$8,606.50
Cash to close$1,219,045$125,000$125,000