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$701,685$701,685$733,500
Remaining term (yrs)29.129.130.0
Secondary amount$0$31,815$0
Funding fee$3,508$3,508$0
Note rate6.340%6.340%7.400%
Blended rate6.340%6.455%7.640%
1st payment$4,399.26$4,399.26$5,078.61
2nd payment$0.00$238.61$0.00
Taxes / mo$398.92$398.92$398.92
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$146.70
HOA / mo$9.17$9.17$9.17
Total monthly$5,024.02$5,262.64$5,850.07
Cash to close$113,315$81,500$81,500