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$297,671$297,671$1,575,000
Remaining term (yrs)24.624.630.0
Secondary amount$0$1,277,329$0
Funding fee$1,488$1,488$0
Note rate3.170%3.170%7.320%
Blended rate3.170%6.884%7.560%
1st payment$1,447.58$1,447.58$10,819.16
2nd payment$0.00$8,249.42$0.00
Taxes / mo$472.42$472.42$472.42
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$315.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,136.66$10,386.08$11,823.24
Cash to close$1,452,329$175,000$175,000