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$529,601$529,601$675,000
Remaining term (yrs)26.326.330.0
Secondary amount$0$145,399$0
Funding fee$2,648$2,648$0
Note rate6.810%6.810%7.320%
Blended rate6.810%7.066%7.560%
1st payment$3,605.05$3,605.05$4,636.78
2nd payment$0.00$969.33$0.00
Taxes / mo$402.00$402.00$402.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$135.00
HOA / mo$265.00$265.00$265.00
Total monthly$4,488.71$5,458.04$5,655.45
Cash to close$220,399$75,000$75,000