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$1,009,114$1,009,114$1,799,100
Remaining term (yrs)24.124.130.0
Secondary amount$0$789,986$0
Funding fee$5,046$5,046$0
Note rate2.900%2.900%7.400%
Blended rate2.900%5.030%7.640%
1st payment$4,832.87$4,832.87$12,456.60
2nd payment$0.00$5,101.99$0.00
Taxes / mo$1,665.83$1,665.83$1,665.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$359.82
HOA / mo$0.00$0.00$0.00
Total monthly$6,715.37$11,817.36$14,698.92
Cash to close$989,886$199,900$199,900