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$410,638$410,638$467,910
Remaining term (yrs)23.523.530.0
Secondary amount$0$57,272$0
Funding fee$2,053$2,053$0
Note rate2.875%2.875%7.400%
Blended rate2.875%3.625%7.640%
1st payment$1,994.84$1,994.84$3,239.71
2nd payment$0.00$429.54$0.00
Taxes / mo$433.25$433.25$433.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$93.58
HOA / mo$387.00$387.00$387.00
Total monthly$2,981.76$3,411.30$4,320.21
Cash to close$109,262$51,990$51,990