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$1,100,172$1,100,172$1,079,100
Remaining term (yrs)25.825.830.0
Secondary amount$0$38,878$0
Funding fee$5,501$5,501$0
Note rate4.990%4.990%7.400%
Blended rate4.990%5.225%7.640%
1st payment$6,311.20$6,311.20$7,471.47
2nd payment$0.00$384.73$0.00
Taxes / mo$330.75$330.75$330.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$215.82
HOA / mo$6.25$6.25$6.25
Total monthly$6,864.87$7,249.59$8,240.96
Cash to close$98,828$59,950$119,900