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$407,912$407,912$449,999
Remaining term (yrs)24.624.630.0
Secondary amount$0$42,087$0
Funding fee$2,040$2,040$0
Note rate3.180%3.180%7.400%
Blended rate3.180%3.724%7.640%
1st payment$1,985.83$1,985.83$3,115.70
2nd payment$0.00$315.65$0.00
Taxes / mo$271.17$271.17$271.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$90.00
HOA / mo$8.33$8.33$8.33
Total monthly$2,432.00$2,747.65$3,651.87
Cash to close$92,087$50,000$50,000