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$1,267,567$1,267,567$1,525,500
Remaining term (yrs)24.824.830.0
Secondary amount$0$257,933$0
Funding fee$6,338$6,338$0
Note rate2.960%2.960%7.400%
Blended rate2.960%3.770%7.640%
1st payment$5,998.13$5,998.13$10,562.25
2nd payment$0.00$1,665.82$0.00
Taxes / mo$1,412.50$1,412.50$1,412.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$305.10
HOA / mo$0.00$0.00$0.00
Total monthly$7,627.30$9,293.12$12,496.52
Cash to close$427,433$169,500$169,500