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$2,165,741$2,165,741$2,092,500
Remaining term (yrs)27.927.930.0
Secondary amount$0$43,009$0
Funding fee$10,829$10,829$0
Note rate6.460%6.460%7.400%
Blended rate6.460%6.565%7.640%
1st payment$13,942.15$13,942.15$14,488.05
2nd payment$0.00$425.61$0.00
Taxes / mo$751.58$751.58$751.58
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$418.50
HOA / mo$0.00$0.00$0.00
Total monthly$14,910.40$15,336.02$15,874.80
Cash to close$159,259$116,250$232,500