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$1,733,789$1,733,789$1,799,100
Remaining term (yrs)29.029.030.0
Secondary amount$0$65,311$0
Funding fee$8,669$8,669$0
Note rate6.500%6.500%7.400%
Blended rate6.500%6.591%7.640%
1st payment$11,061.19$11,061.19$12,456.60
2nd payment$0.00$489.84$0.00
Taxes / mo$1,665.83$1,665.83$1,665.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$359.82
HOA / mo$57.08$57.08$57.08
Total monthly$13,000.77$13,490.61$14,756.00
Cash to close$265,211$199,900$199,900