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$337,072$337,072$1,168,200
Remaining term (yrs)18.818.830.0
Secondary amount$0$831,128$0
Funding fee$1,685$1,685$0
Note rate3.130%3.130%7.400%
Blended rate3.130%6.417%7.640%
1st payment$1,969.50$1,969.50$8,088.38
2nd payment$0.00$5,367.70$0.00
Taxes / mo$1,081.67$1,081.67$1,081.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$233.64
HOA / mo$136.67$136.67$136.67
Total monthly$3,404.51$8,772.21$9,757.02
Cash to close$960,928$129,800$129,800