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$1,555,569$1,555,569$5,129,100
Remaining term (yrs)24.724.730.0
Secondary amount$0$3,573,531$0
Funding fee$7,778$7,778$0
Note rate2.940%2.940%7.400%
Blended rate2.940%6.291%7.640%
1st payment$7,361.56$7,361.56$35,512.85
2nd payment$0.00$23,079.06$0.00
Taxes / mo$4,749.17$4,749.17$4,749.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$1,025.82
HOA / mo$0.00$0.00$0.00
Total monthly$12,327.39$35,406.45$41,504.51
Cash to close$4,143,431$569,900$569,900