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$3,914,265$3,914,265$4,949,999
Remaining term (yrs)27.927.930.0
Secondary amount$0$1,035,734$0
Funding fee$19,571$19,571$0
Note rate6.660%6.660%7.320%
Blended rate6.660%6.888%7.560%
1st payment$25,705.08$25,705.08$34,003.06
2nd payment$0.00$6,689.12$0.00
Taxes / mo$4,583.33$4,583.33$4,583.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$990.00
HOA / mo$0.00$0.00$0.00
Total monthly$30,505.08$37,194.19$39,793.06
Cash to close$1,585,734$550,000$550,000