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$1,700,466$1,700,466$2,429,910
Remaining term (yrs)25.925.930.0
Secondary amount$0$729,444$0
Funding fee$8,502$8,502$0
Note rate5.540%5.540%7.400%
Blended rate5.540%6.203%7.640%
1st payment$10,297.33$10,297.33$16,824.21
2nd payment$0.00$4,710.99$0.00
Taxes / mo$920.00$920.00$920.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$485.98
HOA / mo$133.33$133.33$133.33
Total monthly$11,567.33$16,278.32$18,580.18
Cash to close$999,434$269,990$269,990