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$269,167$269,167$1,125,000
Remaining term (yrs)24.824.830.0
Secondary amount$0$855,833$0
Funding fee$1,346$1,346$0
Note rate2.900%2.900%7.400%
Blended rate2.900%6.590%7.640%
1st payment$1,265.34$1,265.34$7,789.27
2nd payment$0.00$5,527.26$0.00
Taxes / mo$474.08$474.08$474.08
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$1,956.09$7,483.35$8,705.02
Cash to close$980,833$125,000$125,000