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$472,615$472,615$562,500
Remaining term (yrs)25.225.230.0
Secondary amount$0$89,885$0
Funding fee$2,363$2,363$0
Note rate3.070%3.070%7.320%
Blended rate3.070%4.018%7.560%
1st payment$2,238.68$2,238.68$3,863.98
2nd payment$0.00$674.14$0.00
Taxes / mo$520.83$520.83$520.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$112.50
HOA / mo$31.00$31.00$31.00
Total monthly$2,957.18$3,631.32$4,694.98
Cash to close$152,385$62,500$62,500