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$483,511$483,511$652,500
Remaining term (yrs)24.524.530.0
Secondary amount$0$168,989$0
Funding fee$2,418$2,418$0
Note rate3.050%3.050%7.400%
Blended rate3.050%4.332%7.640%
1st payment$2,326.25$2,326.25$4,517.78
2nd payment$0.00$1,126.59$0.00
Taxes / mo$311.75$311.75$311.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$130.50
HOA / mo$0.00$0.00$0.00
Total monthly$2,854.67$3,981.26$5,176.69
Cash to close$241,489$72,500$72,500