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$1,061,768$1,061,768$1,507,500
Remaining term (yrs)24.924.930.0
Secondary amount$0$445,732$0
Funding fee$5,309$5,309$0
Note rate2.760%2.760%7.400%
Blended rate2.760%4.235%7.640%
1st payment$4,892.17$4,892.17$10,437.63
2nd payment$0.00$2,878.69$0.00
Taxes / mo$1,665.75$1,665.75$1,665.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$301.50
HOA / mo$0.00$0.00$0.00
Total monthly$6,774.59$9,653.28$12,621.54
Cash to close$613,232$167,500$167,500