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$1,048,515$1,048,515$2,299,950
Remaining term (yrs)27.927.930.0
Secondary amount$0$1,251,435$0
Funding fee$5,243$5,243$0
Note rate6.730%6.730%7.400%
Blended rate6.730%7.285%7.640%
1st payment$6,940.37$6,940.37$15,924.39
2nd payment$0.00$8,082.18$0.00
Taxes / mo$2,129.58$2,129.58$2,129.58
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$459.99
HOA / mo$0.00$0.00$0.00
Total monthly$9,286.62$17,368.80$18,730.63
Cash to close$1,506,985$255,550$255,550