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$1,971,550$1,971,550$2,069,100
Remaining term (yrs)29.229.230.0
Secondary amount$0$97,550$0
Funding fee$9,858$9,858$0
Note rate4.990%4.990%7.400%
Blended rate4.990%5.179%7.640%
1st payment$10,675.98$10,675.98$14,326.03
2nd payment$0.00$731.63$0.00
Taxes / mo$1,915.83$1,915.83$1,915.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$413.82
HOA / mo$0.00$0.00$0.00
Total monthly$12,808.48$13,540.11$16,872.35
Cash to close$327,450$229,900$229,900