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$797,751$797,751$4,945,500
Remaining term (yrs)23.923.930.0
Secondary amount$0$4,147,749$0
Funding fee$3,989$3,989$0
Note rate2.990%2.990%7.400%
Blended rate2.990%6.982%7.640%
1st payment$3,875.80$3,875.80$34,241.64
2nd payment$0.00$26,787.55$0.00
Taxes / mo$4,579.17$4,579.17$4,579.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$989.10
HOA / mo$0.00$0.00$0.00
Total monthly$8,671.63$35,459.18$40,026.58
Cash to close$4,697,249$549,500$549,500