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$423,475$423,475$432,000
Remaining term (yrs)26.726.730.0
Secondary amount$0$32,525$0
Funding fee$2,117$2,117$0
Note rate6.570%6.570%7.400%
Blended rate6.570%6.948%7.640%
1st payment$2,801.39$2,801.39$2,991.08
2nd payment$0.00$321.86$0.00
Taxes / mo$286.33$286.33$286.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$86.40
HOA / mo$0.00$0.00$0.00
Total monthly$3,254.39$3,576.25$3,530.48
Cash to close$56,525$24,000$48,000