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$450,457$450,457$539,100
Remaining term (yrs)25.825.830.0
Secondary amount$0$88,643$0
Funding fee$2,252$2,252$0
Note rate5.230%5.230%7.400%
Blended rate5.230%5.850%7.640%
1st payment$2,648.00$2,648.00$3,732.62
2nd payment$0.00$664.83$0.00
Taxes / mo$115.81$115.81$115.81
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$107.82
HOA / mo$0.00$0.00$0.00
Total monthly$2,930.47$3,595.30$4,122.92
Cash to close$148,543$59,900$59,900