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$998,361$998,361$2,249,100
Remaining term (yrs)19.919.930.0
Secondary amount$0$1,250,739$0
Funding fee$4,992$4,992$0
Note rate3.410%3.410%7.320%
Blended rate3.410%5.824%7.560%
1st payment$5,744.03$5,744.03$15,449.76
2nd payment$0.00$8,077.69$0.00
Taxes / mo$2,082.50$2,082.50$2,082.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$449.82
HOA / mo$0.00$0.00$0.00
Total monthly$8,043.19$16,120.88$18,198.74
Cash to close$1,500,639$249,900$249,900