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$429,003$429,003$530,910
Remaining term (yrs)23.923.930.0
Secondary amount$0$101,907$0
Funding fee$2,145$2,145$0
Note rate2.990%2.990%7.320%
Blended rate2.990%3.952%7.560%
1st payment$2,084.27$2,084.27$3,646.98
2nd payment$0.00$679.38$0.00
Taxes / mo$65.25$65.25$65.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$106.18
HOA / mo$0.00$0.00$0.00
Total monthly$2,316.19$2,995.57$3,985.08
Cash to close$160,897$58,990$58,990