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$445,919$445,919$607,500
Remaining term (yrs)29.429.430.0
Secondary amount$0$161,581$0
Funding fee$2,230$2,230$0
Note rate6.100%6.100%7.400%
Blended rate6.100%6.605%7.640%
1st payment$2,718.38$2,718.38$4,206.21
2nd payment$0.00$1,077.21$0.00
Taxes / mo$298.08$298.08$298.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$121.50
HOA / mo$5.58$5.58$5.58
Total monthly$3,188.71$4,265.92$4,798.04
Cash to close$229,081$67,500$67,500