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$1,176,236$1,176,236$4,680,000
Remaining term (yrs)21.221.230.0
Secondary amount$0$3,503,764$0
Funding fee$5,881$5,881$0
Note rate0.880%0.880%7.400%
Blended rate0.880%6.023%7.640%
1st payment$5,041.13$5,041.13$32,403.37
2nd payment$0.00$22,628.47$0.00
Taxes / mo$4,333.33$4,333.33$4,333.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$936.00
HOA / mo$262.00$262.00$262.00
Total monthly$9,853.13$32,481.60$38,151.37
Cash to close$4,023,764$520,000$520,000