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$449,270$449,270$602,100
Remaining term (yrs)24.224.230.0
Secondary amount$0$152,830$0
Funding fee$2,246$2,246$0
Note rate2.830%2.830%7.400%
Blended rate2.830%4.142%7.640%
1st payment$2,130.43$2,130.43$4,168.82
2nd payment$0.00$1,018.87$0.00
Taxes / mo$557.50$557.50$557.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$120.42
HOA / mo$275.00$275.00$275.00
Total monthly$3,129.60$4,148.46$5,288.41
Cash to close$219,730$66,900$66,900