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$109,223$109,223$2,249,100
Remaining term (yrs)28.828.830.0
Secondary amount$0$2,139,877$0
Funding fee$546$546$0
Note rate6.760%6.760%7.400%
Blended rate6.760%7.702%7.640%
1st payment$717.44$717.44$15,572.31
2nd payment$0.00$13,820.04$0.00
Taxes / mo$2,082.50$2,082.50$2,082.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$449.82
HOA / mo$0.00$0.00$0.00
Total monthly$3,016.60$16,836.64$18,321.30
Cash to close$2,389,777$249,900$249,900