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$541,566$541,566$2,295,000
Remaining term (yrs)29.129.130.0
Secondary amount$0$1,753,434$0
Funding fee$2,708$2,708$0
Note rate6.190%6.190%7.400%
Blended rate6.190%7.382%7.640%
1st payment$3,342.89$3,342.89$15,890.12
2nd payment$0.00$11,324.26$0.00
Taxes / mo$1,934.75$1,934.75$1,934.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$459.00
HOA / mo$92.67$92.67$92.67
Total monthly$5,586.98$16,911.24$18,593.20
Cash to close$2,008,434$255,000$255,000