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$1,005,828$1,005,828$1,483,200
Remaining term (yrs)23.523.530.0
Secondary amount$0$477,372$0
Funding fee$5,029$5,029$0
Note rate3.650%3.650%7.320%
Blended rate3.650%4.970%7.560%
1st payment$5,293.95$5,293.95$10,188.55
2nd payment$0.00$3,083.02$0.00
Taxes / mo$1,373.33$1,373.33$1,373.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$296.64
HOA / mo$0.00$0.00$0.00
Total monthly$6,883.95$9,966.98$12,075.19
Cash to close$642,172$164,800$164,800