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$223,272$223,272$1,125,000
Remaining term (yrs)16.216.230.0
Secondary amount$0$901,728$0
Funding fee$1,116$1,116$0
Note rate3.320%3.320%7.320%
Blended rate3.320%6.871%7.560%
1st payment$1,477.32$1,477.32$7,727.97
2nd payment$0.00$5,823.66$0.00
Taxes / mo$410.33$410.33$410.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$225.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,104.32$7,927.98$8,579.97
Cash to close$1,026,728$125,000$125,000