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$2,019,059$2,019,059$1,979,100
Remaining term (yrs)27.427.430.0
Secondary amount$0$69,991$0
Funding fee$10,095$10,095$0
Note rate6.600%6.600%7.400%
Blended rate6.600%6.777%7.640%
1st payment$13,277.72$13,277.72$13,702.89
2nd payment$0.00$692.62$0.00
Taxes / mo$1,832.50$1,832.50$1,832.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$395.82
HOA / mo$0.00$0.00$0.00
Total monthly$15,326.88$16,019.51$16,147.88
Cash to close$179,941$109,950$219,900