Dan Frey Home Loans
Call Dan

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$649,445$649,445$819,000
Remaining term (yrs)25.125.130.0
Secondary amount$0$169,555$0
Funding fee$3,247$3,247$0
Note rate3.050%3.050%7.400%
Blended rate3.050%4.075%7.640%
1st payment$3,076.21$3,076.21$5,670.59
2nd payment$0.00$1,130.37$0.00
Taxes / mo$758.33$758.33$758.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$163.80
HOA / mo$0.00$0.00$0.00
Total monthly$4,051.21$5,181.58$6,809.39
Cash to close$260,555$91,000$91,000