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$518,743$518,743$764,100
Remaining term (yrs)24.824.830.0
Secondary amount$0$245,357$0
Funding fee$2,594$2,594$0
Note rate2.980%2.980%7.400%
Blended rate2.980%4.512%7.640%
1st payment$2,460.08$2,460.08$5,290.47
2nd payment$0.00$1,584.60$0.00
Taxes / mo$928.75$928.75$928.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$152.82
HOA / mo$10.58$10.58$10.58
Total monthly$3,616.07$5,200.67$6,599.29
Cash to close$330,257$84,900$84,900