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$342,588$342,588$765,000
Remaining term (yrs)24.424.430.0
Secondary amount$0$422,412$0
Funding fee$1,713$1,713$0
Note rate2.740%2.740%7.320%
Blended rate2.740%5.506%7.560%
1st payment$1,601.10$1,601.10$5,255.02
2nd payment$0.00$2,728.08$0.00
Taxes / mo$276.17$276.17$276.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$153.00
HOA / mo$62.50$62.50$62.50
Total monthly$2,156.44$4,884.51$5,963.35
Cash to close$507,412$85,000$85,000