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$587,103$587,103$1,664,910
Remaining term (yrs)24.924.930.0
Secondary amount$0$1,077,807$0
Funding fee$2,936$2,936$0
Note rate2.870%2.870%7.400%
Blended rate2.870%6.029%7.640%
1st payment$2,738.34$2,738.34$11,527.50
2nd payment$0.00$6,960.83$0.00
Taxes / mo$1,541.58$1,541.58$1,541.58
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$332.98
HOA / mo$0.00$0.00$0.00
Total monthly$4,496.59$11,457.42$13,618.73
Cash to close$1,262,797$184,990$184,990