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$10,023$10,023$2,880,000
Remaining term (yrs)0.90.930.0
Secondary amount$0$2,869,977$0
Funding fee$50$50$0
Note rate2.740%2.740%7.400%
Blended rate2.740%7.733%7.640%
1st payment$847.68$847.68$19,940.54
2nd payment$0.00$18,535.27$0.00
Taxes / mo$708.33$708.33$708.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$576.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,772.68$20,307.95$21,441.54
Cash to close$3,189,977$320,000$320,000