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$458,743$458,743$720,000
Remaining term (yrs)24.124.130.0
Secondary amount$0$261,257$0
Funding fee$2,294$2,294$0
Note rate2.890%2.890%7.400%
Blended rate2.890%4.653%7.640%
1st payment$2,194.66$2,194.66$4,985.13
2nd payment$0.00$1,687.29$0.00
Taxes / mo$601.25$601.25$601.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$144.00
HOA / mo$0.00$0.00$0.00
Total monthly$3,012.58$4,699.86$5,947.05
Cash to close$341,257$80,000$80,000