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$466,395$466,395$1,125,000
Remaining term (yrs)25.025.030.0
Secondary amount$0$658,605$0
Funding fee$2,332$2,332$0
Note rate2.880%2.880%7.320%
Blended rate2.880%5.731%7.560%
1st payment$2,172.83$2,172.83$7,727.97
2nd payment$0.00$4,253.49$0.00
Taxes / mo$598.00$598.00$598.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$225.00
HOA / mo$10.42$10.42$10.42
Total monthly$2,997.91$7,251.40$8,778.06
Cash to close$783,605$125,000$125,000