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$2,321,338$2,321,338$2,695,500
Remaining term (yrs)25.425.430.0
Secondary amount$0$374,162$0
Funding fee$11,607$11,607$0
Note rate3.760%3.760%7.400%
Blended rate3.760%4.314%7.640%
1st payment$11,783.35$11,783.35$18,663.10
2nd payment$0.00$2,416.46$0.00
Taxes / mo$609.92$609.92$609.92
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$539.10
HOA / mo$0.00$0.00$0.00
Total monthly$12,609.93$15,026.40$20,028.78
Cash to close$673,662$299,500$299,500