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$639,150$639,150$1,318,500
Remaining term (yrs)29.129.130.0
Secondary amount$0$679,350$0
Funding fee$3,196$3,196$0
Note rate6.270%6.270%7.320%
Blended rate6.270%7.033%7.560%
1st payment$3,978.23$3,978.23$9,057.18
2nd payment$0.00$4,387.47$0.00
Taxes / mo$341.58$341.58$341.58
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$263.70
HOA / mo$344.67$344.67$344.67
Total monthly$4,881.15$9,268.62$10,223.80
Cash to close$825,850$146,500$146,500