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$0$0$1,484,100
Remaining term (yrs)11.011.030.0
Secondary amount$0$1,484,100$0
Funding fee$0$0$0
Note rate3.000%3.000%7.320%
Blended rate3.000%7.750%7.560%
1st payment$0.00$0.00$10,194.74
2nd payment$0.00$9,584.81$0.00
Taxes / mo$873.71$873.71$873.71
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$296.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,090.38$10,675.19$11,581.94
Cash to close$1,649,000$164,900$164,900