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$564,108$564,108$1,619,100
Remaining term (yrs)20.420.430.0
Secondary amount$0$1,054,992$0
Funding fee$2,821$2,821$0
Note rate2.790%2.790%7.320%
Blended rate2.790%6.022%7.560%
1st payment$3,013.67$3,013.67$11,122.09
2nd payment$0.00$6,813.49$0.00
Taxes / mo$1,499.17$1,499.17$1,499.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$323.82
HOA / mo$193.00$193.00$193.00
Total monthly$4,922.50$11,735.99$13,354.75
Cash to close$1,234,892$179,900$179,900