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$512,863$512,863$539,910
Remaining term (yrs)26.426.430.0
Secondary amount$0$27,047$0
Funding fee$2,564$2,564$0
Note rate6.500%6.500%7.400%
Blended rate6.500%6.625%7.640%
1st payment$3,381.56$3,381.56$3,738.23
2nd payment$0.00$202.85$0.00
Taxes / mo$337.25$337.25$337.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$107.98
HOA / mo$45.00$45.00$45.00
Total monthly$3,930.48$4,133.33$4,395.13
Cash to close$87,037$59,990$59,990