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$1,776,888$1,776,888$1,755,000
Remaining term (yrs)29.029.030.0
Secondary amount$0$75,612$0
Funding fee$8,884$8,884$0
Note rate6.350%6.350%7.320%
Blended rate6.350%6.576%7.560%
1st payment$11,162.83$11,162.83$12,055.63
2nd payment$0.00$748.24$0.00
Taxes / mo$1,207.17$1,207.17$1,207.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$351.00
HOA / mo$73.00$73.00$73.00
Total monthly$12,659.67$13,407.91$13,903.47
Cash to close$173,112$97,500$195,000