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$379,870$379,870$1,345,500
Remaining term (yrs)16.516.530.0
Secondary amount$0$965,630$0
Funding fee$1,899$1,899$0
Note rate3.500%3.500%7.400%
Blended rate3.500%6.550%7.640%
1st payment$2,509.57$2,509.57$9,315.97
2nd payment$0.00$6,236.36$0.00
Taxes / mo$1,245.83$1,245.83$1,245.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$269.10
HOA / mo$0.00$0.00$0.00
Total monthly$3,972.07$10,208.43$11,047.57
Cash to close$1,115,130$149,500$149,500