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$470,681$470,681$660,600
Remaining term (yrs)24.624.630.0
Secondary amount$0$189,919$0
Funding fee$2,353$2,353$0
Note rate2.900%2.900%7.320%
Blended rate2.900%4.366%7.560%
1st payment$2,222.82$2,222.82$4,537.86
2nd payment$0.00$1,266.12$0.00
Taxes / mo$1,344.50$1,344.50$1,344.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$132.12
HOA / mo$27.00$27.00$27.00
Total monthly$3,810.98$5,077.11$6,258.15
Cash to close$263,319$73,400$73,400