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$390,537$390,537$1,215,000
Remaining term (yrs)23.623.630.0
Secondary amount$0$824,463$0
Funding fee$1,953$1,953$0
Note rate3.310%3.310%7.400%
Blended rate3.310%6.323%7.640%
1st payment$1,980.57$1,980.57$8,412.41
2nd payment$0.00$5,324.66$0.00
Taxes / mo$324.89$324.89$324.89
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$243.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,522.12$7,846.78$9,196.97
Cash to close$959,463$135,000$135,000