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$438,497$438,497$1,056,600
Remaining term (yrs)24.624.630.0
Secondary amount$0$618,103$0
Funding fee$2,192$2,192$0
Note rate3.040%3.040%7.320%
Blended rate3.040%5.795%7.560%
1st payment$2,102.64$2,102.64$7,258.11
2nd payment$0.00$3,991.91$0.00
Taxes / mo$978.33$978.33$978.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$211.32
HOA / mo$360.00$360.00$360.00
Total monthly$3,657.64$7,649.55$9,024.43
Cash to close$735,503$117,400$117,400