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$516,983$516,983$585,000
Remaining term (yrs)27.427.430.0
Secondary amount$0$68,017$0
Funding fee$2,585$2,585$0
Note rate6.880%6.880%7.400%
Blended rate6.880%7.126%7.640%
1st payment$3,490.07$3,490.07$4,050.42
2nd payment$0.00$510.13$0.00
Taxes / mo$451.75$451.75$451.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$117.00
HOA / mo$105.00$105.00$105.00
Total monthly$4,213.48$4,723.61$4,890.84
Cash to close$133,017$65,000$65,000