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$272,423$272,423$764,100
Remaining term (yrs)28.728.730.0
Secondary amount$0$491,677$0
Funding fee$1,362$1,362$0
Note rate6.860%6.860%7.400%
Blended rate6.860%7.433%7.640%
1st payment$1,809.05$1,809.05$5,290.47
2nd payment$0.00$3,175.41$0.00
Taxes / mo$382.33$382.33$382.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$152.82
HOA / mo$15.00$15.00$15.00
Total monthly$2,423.05$5,598.46$6,057.29
Cash to close$576,577$84,900$84,900