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$1,487,040$1,487,040$1,575,000
Remaining term (yrs)25.525.530.0
Secondary amount$0$87,960$0
Funding fee$7,435$7,435$0
Note rate6.670%6.670%7.400%
Blended rate6.670%6.800%7.640%
1st payment$10,096.68$10,096.68$10,904.98
2nd payment$0.00$659.70$0.00
Taxes / mo$638.25$638.25$638.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$315.00
HOA / mo$140.00$140.00$140.00
Total monthly$11,091.60$11,751.30$12,214.90
Cash to close$262,960$175,000$175,000