Dan Frey Home Loans
Call Dan

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$504,271$504,271$800,100
Remaining term (yrs)24.724.730.0
Secondary amount$0$295,829$0
Funding fee$2,521$2,521$0
Note rate3.180%3.180%7.320%
Blended rate3.180%4.870%7.560%
1st payment$2,449.51$2,449.51$5,496.13
2nd payment$0.00$1,910.56$0.00
Taxes / mo$225.50$225.50$225.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$160.02
HOA / mo$0.00$0.00$0.00
Total monthly$2,891.68$4,802.24$6,098.32
Cash to close$384,729$88,900$88,900