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$1,255,500
Remaining term (yrs)——30.0
Secondary amount$0$1,255,500$0
Funding fee$0$0$0
Note rate3.500%3.500%7.400%
Blended rate3.500%7.750%7.640%
1st payment$0.00$0.00$8,692.83
2nd payment$0.00$8,108.44$0.00
Taxes / mo$1,162.50$1,162.50$1,162.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$251.10
HOA / mo$0.00$0.00$0.00
Total monthly$1,379.17$9,487.60$10,323.10
Cash to close$1,395,000$139,500$139,500