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$29,765$29,765$1,125,000
Remaining term (yrs)0.60.630.0
Secondary amount$0$1,095,235$0
Funding fee$149$149$0
Note rate3.900%3.900%7.400%
Blended rate3.900%7.648%7.640%
1st payment$3,361.19$3,361.19$7,789.27
2nd payment$0.00$7,073.39$0.00
Taxes / mo$344.33$344.33$344.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$225.00
HOA / mo$25.00$25.00$25.00
Total monthly$3,947.19$11,020.58$8,600.27
Cash to close$1,220,235$125,000$125,000