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$605,915$605,915$1,376,100
Remaining term (yrs)23.923.930.0
Secondary amount$0$770,185$0
Funding fee$3,030$3,030$0
Note rate2.880%2.880%7.320%
Blended rate2.880%5.606%7.560%
1st payment$2,916.50$2,916.50$9,452.85
2nd payment$0.00$4,974.11$0.00
Taxes / mo$571.92$571.92$571.92
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$275.22
HOA / mo$20.83$20.83$20.83
Total monthly$3,725.91$8,700.02$10,537.48
Cash to close$923,085$152,900$152,900