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$414,789$414,789$512,910
Remaining term (yrs)25.125.130.0
Secondary amount$0$98,121$0
Funding fee$2,074$2,074$0
Note rate2.990%2.990%7.400%
Blended rate2.990%4.140%7.640%
1st payment$1,951.74$1,951.74$3,551.29
2nd payment$0.00$735.91$0.00
Taxes / mo$436.17$436.17$436.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$102.58
HOA / mo$106.00$106.00$106.00
Total monthly$2,660.57$3,396.48$4,362.70
Cash to close$155,111$56,990$56,990