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$715,991$715,991$2,515,500
Remaining term (yrs)23.923.930.0
Secondary amount$0$1,799,509$0
Funding fee$3,580$3,580$0
Note rate2.930%2.930%7.400%
Blended rate2.930%6.378%7.640%
1st payment$3,456.44$3,456.44$17,416.81
2nd payment$0.00$11,621.83$0.00
Taxes / mo$2,329.17$2,329.17$2,329.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$503.10
HOA / mo$0.00$0.00$0.00
Total monthly$6,002.27$17,624.10$20,465.75
Cash to close$2,079,009$279,500$279,500