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$483,871$483,871$666,000
Remaining term (yrs)24.524.530.0
Secondary amount$0$182,129$0
Funding fee$2,419$2,419$0
Note rate2.770%2.770%7.400%
Blended rate2.770%4.200%7.640%
1st payment$2,258.09$2,258.09$4,611.25
2nd payment$0.00$1,214.19$0.00
Taxes / mo$889.83$889.83$889.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$133.20
HOA / mo$55.00$55.00$55.00
Total monthly$3,419.59$4,633.78$5,905.95
Cash to close$256,129$74,000$74,000