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$1,144,056$1,144,056$1,521,000
Remaining term (yrs)25.225.230.0
Secondary amount$0$376,944$0
Funding fee$5,720$5,720$0
Note rate3.110%3.110%7.320%
Blended rate3.110%4.260%7.560%
1st payment$5,443.16$5,443.16$10,448.21
2nd payment$0.00$2,434.43$0.00
Taxes / mo$444.00$444.00$444.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$304.20
HOA / mo$30.00$30.00$30.00
Total monthly$6,133.83$8,568.26$11,443.08
Cash to close$545,944$169,000$169,000