Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

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$274,357$274,357$539,978
Remaining term (yrs)5.95.930.0
Secondary amount$0$265,620$0
Funding fee$1,372$1,372$0
Note rate13.000%13.000%7.320%
Blended rate13.000%10.417%7.560%
1st payment$5,457.59$5,457.59$3,709.27
2nd payment$0.00$1,715.46$0.00
Taxes / mo$689.75$689.75$689.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$108.00
HOA / mo$0.00$0.00$0.00
Total monthly$6,314.01$8,029.47$4,673.68
Cash to close$325,618$59,998$59,998