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$425,009$425,009$513,000
Remaining term (yrs)24.424.430.0
Secondary amount$0$87,991$0
Funding fee$2,125$2,125$0
Note rate2.750%2.750%7.320%
Blended rate2.750%3.822%7.560%
1st payment$1,983.75$1,983.75$3,523.95
2nd payment$0.00$659.93$0.00
Taxes / mo$268.75$268.75$268.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$102.60
HOA / mo$48.00$48.00$48.00
Total monthly$2,467.16$3,127.09$4,109.97
Cash to close$144,991$57,000$57,000