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$502,009$502,009$818,100
Remaining term (yrs)24.724.730.0
Secondary amount$0$316,091$0
Funding fee$2,510$2,510$0
Note rate2.940%2.940%7.320%
Blended rate2.940%4.798%7.560%
1st payment$2,375.70$2,375.70$5,619.78
2nd payment$0.00$2,041.42$0.00
Taxes / mo$225.50$225.50$225.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$163.62
HOA / mo$0.00$0.00$0.00
Total monthly$2,817.87$4,859.29$6,225.57
Cash to close$406,991$90,900$90,900