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$276,951$276,951$634,500
Remaining term (yrs)19.919.930.0
Secondary amount$0$357,549$0
Funding fee$1,385$1,385$0
Note rate3.410%3.410%7.400%
Blended rate3.410%5.856%7.640%
1st payment$1,593.42$1,593.42$4,393.15
2nd payment$0.00$2,309.17$0.00
Taxes / mo$587.50$587.50$587.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$126.90
HOA / mo$0.00$0.00$0.00
Total monthly$2,397.59$4,706.76$5,324.22
Cash to close$428,049$70,500$70,500