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$467,435$467,435$495,000
Remaining term (yrs)27.627.630.0
Secondary amount$0$27,565$0
Funding fee$2,337$2,337$0
Note rate7.220%7.220%7.400%
Blended rate7.220%7.319%7.640%
1st payment$3,253.84$3,253.84$3,427.28
2nd payment$0.00$206.74$0.00
Taxes / mo$298.36$298.36$298.36
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$99.00
HOA / mo$13.00$13.00$13.00
Total monthly$3,731.87$3,938.61$4,004.31
Cash to close$82,565$55,000$55,000