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$0$0$3,141,000
Remaining term (yrs)——30.0
Secondary amount$0$3,141,000$0
Funding fee$0$0$0
Note rate0.000%0.000%7.400%
Blended rate0.000%7.750%7.640%
1st payment$0.00$0.00$21,747.65
2nd payment$0.00$20,285.63$0.00
Taxes / mo$2,908.33$2,908.33$2,908.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$628.20
HOA / mo$1,440.00$1,440.00$1,440.00
Total monthly$4,565.00$24,850.63$26,940.85
Cash to close$3,490,000$349,000$349,000