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$1,914,559$1,914,559$1,912,500
Remaining term (yrs)27.727.730.0
Secondary amount$0$104,191$0
Funding fee$9,573$9,573$0
Note rate7.090%7.090%7.320%
Blended rate7.090%7.337%7.560%
1st payment$13,150.19$13,150.19$13,137.55
2nd payment$0.00$1,031.06$0.00
Taxes / mo$1,921.42$1,921.42$1,921.42
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$382.50
HOA / mo$0.00$0.00$0.00
Total monthly$15,288.27$16,319.33$15,658.13
Cash to close$210,441$106,250$212,500