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$157,314$157,314$1,980,000
Remaining term (yrs)29.829.830.0
Secondary amount$0$1,822,686$0
Funding fee$787$787$0
Note rate5.380%5.380%7.400%
Blended rate5.380%7.562%7.640%
1st payment$882.39$882.39$13,709.12
2nd payment$0.00$11,771.52$0.00
Taxes / mo$141.58$141.58$141.58
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$396.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,240.64$13,012.16$14,463.37
Cash to close$2,042,686$220,000$220,000