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$1,539,517$1,539,517$1,665,000
Remaining term (yrs)27.427.430.0
Secondary amount$0$125,483$0
Funding fee$7,698$7,698$0
Note rate7.170%7.170%7.320%
Blended rate7.170%7.233%7.560%
1st payment$10,686.13$10,686.13$11,437.39
2nd payment$0.00$836.56$0.00
Taxes / mo$1,065.00$1,065.00$1,065.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$333.00
HOA / mo$0.00$0.00$0.00
Total monthly$11,967.79$12,804.35$13,052.06
Cash to close$310,483$185,000$185,000