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$511,630$511,630$895,500
Remaining term (yrs)24.424.430.0
Secondary amount$0$383,870$0
Funding fee$2,558$2,558$0
Note rate2.830%2.830%7.400%
Blended rate2.830%4.939%7.640%
1st payment$2,414.67$2,414.67$6,200.26
2nd payment$0.00$2,479.16$0.00
Taxes / mo$296.83$296.83$296.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$179.10
HOA / mo$0.00$0.00$0.00
Total monthly$2,928.17$5,407.33$6,892.86
Cash to close$483,370$99,500$99,500