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$360,536$360,536$1,782,000
Remaining term (yrs)24.224.230.0
Secondary amount$0$1,421,464$0
Funding fee$1,803$1,803$0
Note rate2.770%2.770%7.400%
Blended rate2.770%6.742%7.640%
1st payment$1,698.60$1,698.60$12,338.21
2nd payment$0.00$9,180.29$0.00
Taxes / mo$1,650.00$1,650.00$1,650.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$356.40
HOA / mo$0.00$0.00$0.00
Total monthly$3,565.27$12,745.55$14,561.27
Cash to close$1,619,464$198,000$198,000