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$389,796$389,796$413,100
Remaining term (yrs)26.626.630.0
Secondary amount$0$46,254$0
Funding fee$1,949$1,949$0
Note rate6.390%6.390%7.400%
Blended rate6.390%6.972%7.640%
1st payment$2,536.90$2,536.90$2,860.22
2nd payment$0.00$457.73$0.00
Taxes / mo$382.50$382.50$382.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$82.62
HOA / mo$114.00$114.00$114.00
Total monthly$3,200.06$3,657.79$3,606.01
Cash to close$69,204$22,950$45,900