Dan Frey Home Loans
Call Dan

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$459,273$459,273$585,000
Remaining term (yrs)25.425.430.0
Secondary amount$0$125,727$0
Funding fee$2,296$2,296$0
Note rate3.890%3.890%7.320%
Blended rate3.890%4.773%7.560%
1st payment$2,364.12$2,364.12$4,018.54
2nd payment$0.00$838.18$0.00
Taxes / mo$424.58$424.58$424.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$117.00
HOA / mo$55.00$55.00$55.00
Total monthly$3,010.37$3,848.55$4,781.79
Cash to close$190,727$65,000$65,000