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$398,130$398,130$450,000
Remaining term (yrs)29.529.530.0
Secondary amount$0$51,870$0
Funding fee$1,991$1,991$0
Note rate6.110%6.110%7.400%
Blended rate6.110%6.443%7.640%
1st payment$2,424.74$2,424.74$3,115.71
2nd payment$0.00$389.03$0.00
Taxes / mo$416.67$416.67$416.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$90.00
HOA / mo$0.00$0.00$0.00
Total monthly$3,008.08$3,397.10$3,789.04
Cash to close$101,870$50,000$50,000