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$970,204$970,204$2,700,000
Remaining term (yrs)24.124.130.0
Secondary amount$0$1,729,796$0
Funding fee$4,851$4,851$0
Note rate2.810%2.810%7.400%
Blended rate2.810%5.975%7.640%
1st payment$4,601.76$4,601.76$18,694.25
2nd payment$0.00$11,171.60$0.00
Taxes / mo$2,500.00$2,500.00$2,500.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$540.00
HOA / mo$0.00$0.00$0.00
Total monthly$7,318.42$18,490.03$21,950.92
Cash to close$2,029,796$300,000$300,000