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$389,255$389,255$719,100
Remaining term (yrs)24.724.730.0
Secondary amount$0$329,845$0
Funding fee$1,946$1,946$0
Note rate2.940%2.940%7.320%
Blended rate2.940%5.146%7.560%
1st payment$1,842.11$1,842.11$4,939.72
2nd payment$0.00$2,130.25$0.00
Taxes / mo$665.83$665.83$665.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$143.82
HOA / mo$0.00$0.00$0.00
Total monthly$2,724.61$4,854.86$5,966.04
Cash to close$409,745$79,900$79,900