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$708,143$708,143$762,300
Remaining term (yrs)25.125.130.0
Secondary amount$0$54,157$0
Funding fee$3,541$3,541$0
Note rate2.500%2.500%7.400%
Blended rate2.500%2.962%7.640%
1st payment$3,154.21$3,154.21$5,278.01
2nd payment$0.00$406.18$0.00
Taxes / mo$705.83$705.83$705.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$152.46
HOA / mo$152.00$152.00$152.00
Total monthly$4,228.71$4,634.88$6,504.97
Cash to close$138,857$84,700$84,700