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$598,674$598,674$612,000
Remaining term (yrs)27.827.830.0
Secondary amount$0$47,326$0
Funding fee$2,993$2,993$0
Note rate6.920%6.920%7.400%
Blended rate6.920%7.283%7.640%
1st payment$4,041.09$4,041.09$4,237.36
2nd payment$0.00$468.33$0.00
Taxes / mo$566.67$566.67$566.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$122.40
HOA / mo$0.00$0.00$0.00
Total monthly$4,774.43$5,242.76$5,093.10
Cash to close$81,326$34,000$68,000