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$516,880$516,880$1,125,000
Remaining term (yrs)23.923.930.0
Secondary amount$0$608,120$0
Funding fee$2,584$2,584$0
Note rate2.900%2.900%7.400%
Blended rate2.900%5.522%7.640%
1st payment$2,493.24$2,493.24$7,789.27
2nd payment$0.00$3,927.44$0.00
Taxes / mo$395.68$395.68$395.68
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$225.00
HOA / mo$9.17$9.17$9.17
Total monthly$3,114.76$7,042.20$8,635.79
Cash to close$733,120$125,000$125,000