Dan Frey Home Loans
Call Dan

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$2,062,116$2,062,116$4,139,100
Remaining term (yrs)28.328.330.0
Secondary amount$0$2,076,984$0
Funding fee$10,311$10,311$0
Note rate6.500%6.500%7.400%
Blended rate6.500%7.127%7.640%
1st payment$13,273.43$13,273.43$28,658.29
2nd payment$0.00$13,413.85$0.00
Taxes / mo$3,832.50$3,832.50$3,832.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$827.82
HOA / mo$0.00$0.00$0.00
Total monthly$17,322.60$30,736.45$33,535.28
Cash to close$2,536,884$459,900$459,900