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$1,313,442$1,313,442$1,438,200
Remaining term (yrs)24.924.930.0
Secondary amount$0$124,758$0
Funding fee$6,567$6,567$0
Note rate2.780%2.780%7.320%
Blended rate2.780%3.233%7.560%
1st payment$6,079.24$6,079.24$9,879.44
2nd payment$0.00$831.72$0.00
Taxes / mo$1,331.67$1,331.67$1,331.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$287.64
HOA / mo$241.67$241.67$241.67
Total monthly$7,869.25$8,700.96$11,957.08
Cash to close$284,558$159,800$159,800