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$368,267$368,267$1,080,000
Remaining term (yrs)24.324.330.0
Secondary amount$0$711,733$0
Funding fee$1,841$1,841$0
Note rate2.670%2.670%7.400%
Blended rate2.670%6.018%7.640%
1st payment$1,712.13$1,712.13$7,477.70
2nd payment$0.00$4,596.61$0.00
Taxes / mo$1,000.00$1,000.00$1,000.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$216.00
HOA / mo$215.00$215.00$215.00
Total monthly$3,143.80$7,740.41$9,125.37
Cash to close$831,733$120,000$120,000