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$406,666$406,666$989,100
Remaining term (yrs)23.723.730.0
Secondary amount$0$582,434$0
Funding fee$2,033$2,033$0
Note rate3.240%3.240%7.400%
Blended rate3.240%5.896%7.640%
1st payment$2,042.70$2,042.70$6,848.33
2nd payment$0.00$3,761.55$0.00
Taxes / mo$915.83$915.83$915.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$197.82
HOA / mo$150.00$150.00$150.00
Total monthly$3,325.20$7,086.75$8,328.65
Cash to close$692,334$109,900$109,900