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$95,555$95,555$1,845,000
Remaining term (yrs)24.124.130.0
Secondary amount$0$1,749,445$0
Funding fee$478$478$0
Note rate2.870%2.870%7.400%
Blended rate2.870%7.497%7.640%
1st payment$456.16$456.16$12,774.41
2nd payment$0.00$11,298.50$0.00
Taxes / mo$1,708.33$1,708.33$1,708.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$369.00
HOA / mo$129.00$129.00$129.00
Total monthly$2,510.16$13,808.66$15,197.41
Cash to close$1,954,445$205,000$205,000