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$1,521,368$1,521,368$2,158,200
Remaining term (yrs)25.425.430.0
Secondary amount$0$636,832$0
Funding fee$7,607$7,607$0
Note rate3.760%3.760%7.320%
Blended rate3.760%4.937%7.560%
1st payment$7,722.62$7,722.62$14,825.34
2nd payment$0.00$4,112.87$0.00
Taxes / mo$1,290.25$1,290.25$1,290.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$431.64
HOA / mo$5.42$5.42$5.42
Total monthly$9,234.96$13,347.83$16,769.31
Cash to close$876,632$239,800$239,800