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$256,361$256,361$2,065,500
Remaining term (yrs)15.415.430.0
Secondary amount$0$1,809,139$0
Funding fee$1,282$1,282$0
Note rate3.920%3.920%7.320%
Blended rate3.920%7.275%7.560%
1st payment$1,841.33$1,841.33$14,188.55
2nd payment$0.00$11,684.02$0.00
Taxes / mo$539.52$539.52$539.52
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$413.10
HOA / mo$166.67$166.67$166.67
Total monthly$2,764.19$14,448.21$15,524.51
Cash to close$2,038,639$229,500$229,500