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$570,396$570,396$656,100
Remaining term (yrs)27.327.330.0
Secondary amount$0$85,704$0
Funding fee$2,852$2,852$0
Note rate6.820%6.820%7.400%
Blended rate6.820%7.105%7.640%
1st payment$3,836.26$3,836.26$4,542.70
2nd payment$0.00$642.78$0.00
Taxes / mo$607.50$607.50$607.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$131.22
HOA / mo$800.00$800.00$800.00
Total monthly$5,460.42$6,103.20$6,298.09
Cash to close$158,604$72,900$72,900