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$438,141$438,141$2,065,500
Remaining term (yrs)16.916.930.0
Secondary amount$0$1,627,359$0
Funding fee$2,191$2,191$0
Note rate2.900%2.900%7.320%
Blended rate2.900%6.721%7.560%
1st payment$2,723.04$2,723.04$14,188.55
2nd payment$0.00$10,510.03$0.00
Taxes / mo$1,712.50$1,712.50$1,712.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$413.10
HOA / mo$0.00$0.00$0.00
Total monthly$4,652.21$15,162.23$16,530.82
Cash to close$1,856,859$229,500$229,500