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$423,529$423,529$990,000
Remaining term (yrs)24.424.430.0
Secondary amount$0$566,471$0
Funding fee$2,118$2,118$0
Note rate2.730%2.730%7.400%
Blended rate2.730%5.602%7.640%
1st payment$1,972.51$1,972.51$6,854.56
2nd payment$0.00$3,658.46$0.00
Taxes / mo$916.67$916.67$916.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$198.00
HOA / mo$125.00$125.00$125.00
Total monthly$3,230.85$6,889.31$8,310.89
Cash to close$676,471$110,000$110,000