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$220,712$220,712$1,575,000
Remaining term (yrs)23.923.930.0
Secondary amount$0$1,354,288$0
Funding fee$1,104$1,104$0
Note rate2.930%2.930%7.320%
Blended rate2.930%7.075%7.560%
1st payment$1,065.49$1,065.49$10,819.16
2nd payment$0.00$8,746.44$0.00
Taxes / mo$734.08$734.08$734.08
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$315.00
HOA / mo$840.00$840.00$840.00
Total monthly$2,856.24$11,602.68$12,924.91
Cash to close$1,529,288$175,000$175,000