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$1,265,576$1,265,576$4,950,000
Remaining term (yrs)25.425.430.0
Secondary amount$0$3,684,424$0
Funding fee$6,328$6,328$0
Note rate3.210%3.210%7.400%
Blended rate3.210%6.589%7.640%
1st payment$6,062.20$6,062.20$34,272.80
2nd payment$0.00$23,795.24$0.00
Taxes / mo$5,750.00$5,750.00$5,750.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$990.00
HOA / mo$0.00$0.00$0.00
Total monthly$12,028.86$35,824.10$41,229.47
Cash to close$4,234,424$550,000$550,000