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$499,186$499,186$765,000
Remaining term (yrs)20.920.930.0
Secondary amount$0$265,814$0
Funding fee$2,496$2,496$0
Note rate4.080%4.080%7.320%
Blended rate4.080%5.355%7.560%
1st payment$2,952.41$2,952.41$5,255.02
2nd payment$0.00$1,716.71$0.00
Taxes / mo$708.33$708.33$708.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$153.00
HOA / mo$0.00$0.00$0.00
Total monthly$3,877.41$5,594.12$6,333.02
Cash to close$350,814$85,000$85,000