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$690,731$690,731$854,100
Remaining term (yrs)26.826.830.0
Secondary amount$0$163,369$0
Funding fee$3,454$3,454$0
Note rate6.710%6.710%7.400%
Blended rate6.710%6.957%7.640%
1st payment$4,626.23$4,626.23$5,913.62
2nd payment$0.00$1,089.12$0.00
Taxes / mo$258.33$258.33$258.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$170.82
HOA / mo$0.00$0.00$0.00
Total monthly$5,101.23$6,190.35$6,559.44
Cash to close$258,269$94,900$94,900