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$474,114$474,114$765,000
Remaining term (yrs)24.924.930.0
Secondary amount$0$290,886$0
Funding fee$2,371$2,371$0
Note rate2.870%2.870%7.400%
Blended rate2.870%4.726%7.640%
1st payment$2,211.34$2,211.34$5,296.71
2nd payment$0.00$1,878.64$0.00
Taxes / mo$708.33$708.33$708.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$153.00
HOA / mo$0.00$0.00$0.00
Total monthly$3,136.34$5,014.98$6,374.71
Cash to close$375,886$85,000$85,000