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$1,818,782$1,818,782$1,795,500
Remaining term (yrs)26.526.530.0
Secondary amount$0$76,468$0
Funding fee$9,094$9,094$0
Note rate6.160%6.160%7.400%
Blended rate6.160%6.391%7.640%
1st payment$11,587.64$11,587.64$12,431.68
2nd payment$0.00$756.71$0.00
Taxes / mo$903.67$903.67$903.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$359.10
HOA / mo$0.00$0.00$0.00
Total monthly$12,707.97$13,464.69$13,911.11
Cash to close$176,218$99,750$199,500