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$272,430$272,430$1,125,000
Remaining term (yrs)25.325.330.0
Secondary amount$0$852,570$0
Funding fee$1,362$1,362$0
Note rate3.110%3.110%7.400%
Blended rate3.110%6.626%7.640%
1st payment$1,293.37$1,293.37$7,789.27
2nd payment$0.00$5,506.18$0.00
Taxes / mo$1,041.67$1,041.67$1,041.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$225.00
HOA / mo$99.00$99.00$99.00
Total monthly$2,650.70$8,156.88$9,371.61
Cash to close$977,570$125,000$125,000