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$201,073$201,073$1,507,500
Remaining term (yrs)24.324.330.0
Secondary amount$0$1,306,427$0
Funding fee$1,005$1,005$0
Note rate2.650%2.650%7.320%
Blended rate2.650%7.070%7.560%
1st payment$930.52$930.52$10,355.48
2nd payment$0.00$8,437.34$0.00
Taxes / mo$12.75$12.75$12.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$301.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,159.94$9,597.28$10,886.40
Cash to close$1,473,927$167,500$167,500