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$474,209$474,209$2,065,500
Remaining term (yrs)24.324.330.0
Secondary amount$0$1,591,291$0
Funding fee$2,371$2,371$0
Note rate2.770%2.770%7.400%
Blended rate2.770%6.607%7.640%
1st payment$2,228.81$2,228.81$14,301.10
2nd payment$0.00$10,277.09$0.00
Taxes / mo$587.42$587.42$587.42
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$413.10
HOA / mo$0.00$0.00$0.00
Total monthly$3,032.89$13,309.98$15,518.29
Cash to close$1,820,791$229,500$229,500