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$278,105$278,105$900,000
Remaining term (yrs)20.620.630.0
Secondary amount$0$621,895$0
Funding fee$1,391$1,391$0
Note rate3.970%3.970%7.400%
Blended rate3.970%6.582%7.640%
1st payment$1,641.12$1,641.12$6,231.42
2nd payment$0.00$4,016.41$0.00
Taxes / mo$358.07$358.07$358.07
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$180.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,215.86$6,232.26$6,986.15
Cash to close$721,895$100,000$100,000