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$1,240,717$1,240,717$1,349,100
Remaining term (yrs)29.229.230.0
Secondary amount$0$108,383$0
Funding fee$6,204$6,204$0
Note rate6.500%6.500%7.400%
Blended rate6.500%6.621%7.640%
1st payment$7,900.41$7,900.41$9,340.90
2nd payment$0.00$722.55$0.00
Taxes / mo$1,249.17$1,249.17$1,249.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$269.82
HOA / mo$0.00$0.00$0.00
Total monthly$9,366.24$10,088.79$11,076.55
Cash to close$258,283$149,900$149,900