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$423,967$423,967$738,000
Remaining term (yrs)25.325.330.0
Secondary amount$0$314,033$0
Funding fee$2,120$2,120$0
Note rate3.100%3.100%7.320%
Blended rate3.100%5.079%7.560%
1st payment$2,006.24$2,006.24$5,069.55
2nd payment$0.00$2,028.13$0.00
Taxes / mo$683.33$683.33$683.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$147.60
HOA / mo$33.00$33.00$33.00
Total monthly$2,939.24$4,967.38$6,150.15
Cash to close$396,033$82,000$82,000