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$550,511$550,511$652,500
Remaining term (yrs)26.326.330.0
Secondary amount$0$101,989$0
Funding fee$2,753$2,753$0
Note rate6.360%6.360%7.400%
Blended rate6.360%6.616%7.640%
1st payment$3,589.63$3,589.63$4,517.78
2nd payment$0.00$679.93$0.00
Taxes / mo$553.83$553.83$553.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$130.50
HOA / mo$100.00$100.00$100.00
Total monthly$4,460.13$5,140.06$5,518.78
Cash to close$174,489$72,500$72,500