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$389,930$389,930$886,500
Remaining term (yrs)10.010.030.0
Secondary amount$0$496,570$0
Funding fee$1,950$1,950$0
Note rate2.190%2.190%7.400%
Blended rate2.190%5.304%7.640%
1st payment$3,568.05$3,568.05$6,137.95
2nd payment$0.00$3,207.02$0.00
Taxes / mo$1,131.33$1,131.33$1,131.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$177.30
HOA / mo$50.00$50.00$50.00
Total monthly$4,966.05$8,173.07$7,713.25
Cash to close$595,070$98,500$98,500