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$373,042$373,042$720,000
Remaining term (yrs)24.424.430.0
Secondary amount$0$346,958$0
Funding fee$1,865$1,865$0
Note rate2.740%2.740%7.400%
Blended rate2.740%5.154%7.640%
1st payment$1,743.43$1,743.43$4,985.13
2nd payment$0.00$2,240.77$0.00
Taxes / mo$645.33$645.33$645.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$144.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,605.43$4,846.20$5,991.13
Cash to close$426,958$80,000$80,000