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$484,054$484,054$1,075,500
Remaining term (yrs)24.024.030.0
Secondary amount$0$591,446$0
Funding fee$2,420$2,420$0
Note rate2.880%2.880%7.400%
Blended rate2.880%5.558%7.640%
1st payment$2,318.78$2,318.78$7,446.54
2nd payment$0.00$3,819.75$0.00
Taxes / mo$995.83$995.83$995.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$215.10
HOA / mo$1,974.00$1,974.00$1,974.00
Total monthly$5,505.28$9,325.04$10,848.14
Cash to close$710,946$119,500$119,500