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$794,400$794,400$2,925,000
Remaining term (yrs)24.424.430.0
Secondary amount$0$2,130,600$0
Funding fee$3,972$3,972$0
Note rate2.730%2.730%7.400%
Blended rate2.730%6.387%7.640%
1st payment$3,708.62$3,708.62$20,252.11
2nd payment$0.00$13,760.13$0.00
Taxes / mo$665.67$665.67$665.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$585.00
HOA / mo$0.00$0.00$0.00
Total monthly$4,590.95$18,351.08$21,719.44
Cash to close$2,455,600$325,000$325,000