Dan Frey Home Loans
Call Dan

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$202,378$202,378$1,890,000
Remaining term (yrs)9.09.030.0
Secondary amount$0$1,687,622$0
Funding fee$1,012$1,012$0
Note rate5.800%5.800%7.320%
Blended rate5.800%7.541%7.560%
1st payment$2,376.35$2,376.35$12,982.99
2nd payment$0.00$10,899.23$0.00
Taxes / mo$1,750.00$1,750.00$1,750.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$378.00
HOA / mo$0.00$0.00$0.00
Total monthly$4,343.02$15,242.24$15,327.66
Cash to close$1,897,622$210,000$210,000