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$477,237$477,237$503,899
Remaining term (yrs)25.325.330.0
Secondary amount$0$26,662$0
Funding fee$2,386$2,386$0
Note rate3.100%3.100%7.400%
Blended rate3.100%3.412%7.640%
1st payment$2,263.19$2,263.19$3,488.90
2nd payment$0.00$199.96$0.00
Taxes / mo$466.57$466.57$466.57
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$100.78
HOA / mo$0.00$0.00$0.00
Total monthly$2,896.43$3,096.39$4,222.92
Cash to close$82,651$55,989$55,989