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$463,125$463,125$540,000
Remaining term (yrs)23.423.430.0
Secondary amount$0$76,875$0
Funding fee$2,316$2,316$0
Note rate3.720%3.720%7.400%
Blended rate3.720%4.472%7.640%
1st payment$2,465.80$2,465.80$3,738.85
2nd payment$0.00$576.56$0.00
Taxes / mo$624.08$624.08$624.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$108.00
HOA / mo$65.00$65.00$65.00
Total monthly$3,321.55$3,898.11$4,702.60
Cash to close$136,875$60,000$60,000