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$1,689,055$1,689,055$2,429,910
Remaining term (yrs)25.925.930.0
Secondary amount$0$740,855$0
Funding fee$8,445$8,445$0
Note rate4.920%4.920%7.400%
Blended rate4.920%5.783%7.640%
1st payment$9,604.74$9,604.74$16,824.21
2nd payment$0.00$4,784.69$0.00
Taxes / mo$920.01$920.01$920.01
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$485.98
HOA / mo$133.33$133.33$133.33
Total monthly$10,874.75$15,659.43$18,580.20
Cash to close$1,010,845$269,990$269,990