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$104,014$104,014$495,000
Remaining term (yrs)16.816.830.0
Secondary amount$0$390,986$0
Funding fee$520$520$0
Note rate4.070%4.070%7.400%
Blended rate4.070%6.977%7.640%
1st payment$709.69$709.69$3,427.28
2nd payment$0.00$2,525.12$0.00
Taxes / mo$121.75$121.75$121.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$99.00
HOA / mo$41.67$41.67$41.67
Total monthly$1,039.78$3,564.90$3,856.37
Cash to close$445,986$55,000$55,000