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$636,528$636,528$742,500
Remaining term (yrs)24.724.730.0
Secondary amount$0$105,972$0
Funding fee$3,183$3,183$0
Note rate2.940%2.940%7.320%
Blended rate2.940%3.662%7.560%
1st payment$3,012.30$3,012.30$5,100.46
2nd payment$0.00$706.48$0.00
Taxes / mo$687.50$687.50$687.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$148.50
HOA / mo$0.00$0.00$0.00
Total monthly$3,916.47$4,622.95$6,153.13
Cash to close$188,472$82,500$82,500