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$360,151$360,151$1,665,000
Remaining term (yrs)24.224.230.0
Secondary amount$0$1,304,849$0
Funding fee$1,801$1,801$0
Note rate2.720%2.720%7.400%
Blended rate2.720%6.662%7.640%
1st payment$1,687.61$1,687.61$11,528.12
2nd payment$0.00$8,427.15$0.00
Taxes / mo$1,541.67$1,541.67$1,541.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$333.00
HOA / mo$0.00$0.00$0.00
Total monthly$3,445.95$11,873.10$13,619.46
Cash to close$1,489,849$185,000$185,000