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$181,587$181,587$1,260,000
Remaining term (yrs)23.323.330.0
Secondary amount$0$1,078,413$0
Funding fee$908$908$0
Note rate3.720%3.720%7.400%
Blended rate3.720%7.169%7.640%
1st payment$968.97$968.97$8,723.99
2nd payment$0.00$6,964.75$0.00
Taxes / mo$20.81$20.81$20.81
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$252.00
HOA / mo$67.92$67.92$67.92
Total monthly$1,274.36$8,239.12$9,281.38
Cash to close$1,218,413$140,000$140,000