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$424,021$424,021$659,970
Remaining term (yrs)24.324.330.0
Secondary amount$0$235,949$0
Funding fee$2,120$2,120$0
Note rate2.810%2.810%7.320%
Blended rate2.810%4.576%7.560%
1st payment$2,001.59$2,001.59$4,533.54
2nd payment$0.00$1,523.84$0.00
Taxes / mo$611.08$611.08$611.08
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$131.99
HOA / mo$0.00$0.00$0.00
Total monthly$2,829.34$4,353.17$5,493.28
Cash to close$309,279$73,330$73,330