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$676,260$676,260$1,890,000
Remaining term (yrs)24.224.230.0
Secondary amount$0$1,213,740$0
Funding fee$3,381$3,381$0
Note rate2.830%2.830%7.400%
Blended rate2.830%5.990%7.640%
1st payment$3,206.81$3,206.81$13,085.98
2nd payment$0.00$7,838.74$0.00
Taxes / mo$1,750.00$1,750.00$1,750.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$378.00
HOA / mo$0.00$0.00$0.00
Total monthly$5,173.48$13,012.22$15,430.64
Cash to close$1,423,740$210,000$210,000