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$574,029$574,029$643,500
Remaining term (yrs)27.927.930.0
Secondary amount$0$69,471$0
Funding fee$2,870$2,870$0
Note rate6.350%6.350%7.400%
Blended rate6.350%6.636%7.640%
1st payment$3,654.78$3,654.78$4,455.46
2nd payment$0.00$521.03$0.00
Taxes / mo$349.25$349.25$349.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$128.70
HOA / mo$1.00$1.00$1.00
Total monthly$4,221.69$4,742.72$5,151.08
Cash to close$140,971$71,500$71,500