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$491,872$491,872$629,910
Remaining term (yrs)25.125.130.0
Secondary amount$0$138,038$0
Funding fee$2,459$2,459$0
Note rate3.140%3.140%7.320%
Blended rate3.140%4.205%7.560%
1st payment$2,353.05$2,353.05$4,327.04
2nd payment$0.00$920.26$0.00
Taxes / mo$159.75$159.75$159.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$125.98
HOA / mo$0.00$0.00$0.00
Total monthly$2,679.46$3,599.72$4,779.44
Cash to close$208,028$69,990$69,990