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$1,041,594$1,041,594$1,799,100
Remaining term (yrs)23.023.030.0
Secondary amount$0$757,506$0
Funding fee$5,208$5,208$0
Note rate3.640%3.640%7.320%
Blended rate3.640%5.371%7.560%
1st payment$5,551.29$5,551.29$12,358.57
2nd payment$0.00$4,892.22$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$0.00$0.00$0.00
Total monthly$7,433.79$12,326.01$14,600.89
Cash to close$957,406$199,900$199,900