Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

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$345,165$345,165$449,999
Remaining term (yrs)9.49.430.0
Secondary amount$0$104,834$0
Funding fee$1,726$1,726$0
Note rate2.200%2.200%7.400%
Blended rate2.200%3.551%7.640%
1st payment$3,331.68$3,331.68$3,115.70
2nd payment$0.00$698.90$0.00
Taxes / mo$416.67$416.67$416.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$90.00
HOA / mo$405.00$405.00$405.00
Total monthly$4,320.02$5,018.91$4,194.04
Cash to close$154,834$50,000$50,000