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$627,025$627,025$989,100
Remaining term (yrs)23.123.130.0
Secondary amount$0$362,075$0
Funding fee$3,135$3,135$0
Note rate3.630%3.630%7.400%
Blended rate3.630%5.138%7.640%
1st payment$3,330.82$3,330.82$6,848.33
2nd payment$0.00$2,338.40$0.00
Taxes / mo$509.50$509.50$509.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$197.82
HOA / mo$0.00$0.00$0.00
Total monthly$4,056.99$6,395.39$7,772.32
Cash to close$471,975$109,900$109,900