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$527,433$527,433$764,100
Remaining term (yrs)29.629.630.0
Secondary amount$0$236,667$0
Funding fee$2,637$2,637$0
Note rate6.500%6.500%7.320%
Blended rate6.500%6.887%7.560%
1st payment$3,342.85$3,342.85$5,248.84
2nd payment$0.00$1,528.48$0.00
Taxes / mo$20.50$20.50$20.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$152.82
HOA / mo$44.67$44.67$44.67
Total monthly$3,624.69$5,153.16$5,683.49
Cash to close$321,567$84,900$84,900