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$420,713$420,713$472,410
Remaining term (yrs)26.926.930.0
Secondary amount$0$51,697$0
Funding fee$2,104$2,104$0
Note rate6.810%6.810%7.400%
Blended rate6.810%7.050%7.640%
1st payment$2,838.77$2,838.77$3,270.87
2nd payment$0.00$387.73$0.00
Taxes / mo$184.42$184.42$184.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$94.48
HOA / mo$0.00$0.00$0.00
Total monthly$3,189.86$3,577.58$3,716.44
Cash to close$104,187$52,490$52,490