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$1,026,172$1,026,172$2,785,500
Remaining term (yrs)24.424.430.0
Secondary amount$0$1,759,328$0
Funding fee$5,131$5,131$0
Note rate2.770%2.770%7.400%
Blended rate2.770%5.915%7.640%
1st payment$4,811.57$4,811.57$19,286.24
2nd payment$0.00$11,362.33$0.00
Taxes / mo$2,579.17$2,579.17$2,579.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$557.10
HOA / mo$585.00$585.00$585.00
Total monthly$8,192.41$19,554.74$23,224.17
Cash to close$2,068,828$309,500$309,500