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$2,069,298$2,069,298$3,861,000
Remaining term (yrs)28.728.730.0
Secondary amount$0$1,791,702$0
Funding fee$10,346$10,346$0
Note rate6.850%6.850%7.400%
Blended rate6.850%7.268%7.640%
1st payment$13,727.68$13,727.68$26,732.78
2nd payment$0.00$11,571.41$0.00
Taxes / mo$1,933.17$1,933.17$1,933.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$772.20
HOA / mo$0.00$0.00$0.00
Total monthly$15,877.51$27,448.92$29,654.82
Cash to close$2,220,702$429,000$429,000