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$1,265,381$1,265,381$1,618,200
Remaining term (yrs)25.525.530.0
Secondary amount$0$352,819$0
Funding fee$6,327$6,327$0
Note rate3.760%3.760%7.400%
Blended rate3.760%4.630%7.640%
1st payment$6,410.79$6,410.79$11,204.09
2nd payment$0.00$2,278.62$0.00
Taxes / mo$1,498.33$1,498.33$1,498.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$323.64
HOA / mo$213.00$213.00$213.00
Total monthly$8,338.79$10,617.41$13,455.73
Cash to close$532,619$179,800$179,800