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$2,481,272$2,481,272$2,430,000
Remaining term (yrs)29.429.430.0
Secondary amount$0$83,728$0
Funding fee$12,406$12,406$0
Note rate6.160%6.160%7.400%
Blended rate6.160%6.347%7.640%
1st payment$15,221.99$15,221.99$16,824.83
2nd payment$0.00$828.55$0.00
Taxes / mo$686.17$686.17$686.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$486.00
HOA / mo$85.00$85.00$85.00
Total monthly$16,209.83$17,038.38$18,298.66
Cash to close$218,728$135,000$270,000