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$0$0$2,425,500
Remaining term (yrs)——30.0
Secondary amount$0$2,425,500$0
Funding fee$0$0$0
Note rate2.875%2.875%7.400%
Blended rate2.875%7.750%7.640%
1st payment$0.00$0.00$16,793.67
2nd payment$0.00$15,664.69$0.00
Taxes / mo$2,245.83$2,245.83$2,245.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$485.10
HOA / mo$0.00$0.00$0.00
Total monthly$2,462.50$18,127.19$19,741.27
Cash to close$2,695,000$269,500$269,500