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$544,956$544,956$1,394,100
Remaining term (yrs)23.123.130.0
Secondary amount$0$849,144$0
Funding fee$2,725$2,725$0
Note rate3.780%3.780%7.320%
Blended rate3.780%6.198%7.560%
1st payment$2,938.57$2,938.57$9,576.50
2nd payment$0.00$5,484.05$0.00
Taxes / mo$727.92$727.92$727.92
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$278.82
HOA / mo$2.50$2.50$2.50
Total monthly$3,885.65$9,369.71$10,802.40
Cash to close$1,004,044$154,900$154,900