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$101,371$101,371$2,555,100
Remaining term (yrs)8.78.730.0
Secondary amount$0$2,453,729$0
Funding fee$507$507$0
Note rate6.120%6.120%7.400%
Blended rate6.120%7.685%7.640%
1st payment$1,240.38$1,240.38$17,691.00
2nd payment$0.00$15,847.00$0.00
Taxes / mo$1,831.33$1,831.33$1,831.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$511.02
HOA / mo$150.75$150.75$150.75
Total monthly$3,439.13$19,286.13$20,400.77
Cash to close$2,737,629$283,900$283,900