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$415,408$415,408$423,000
Remaining term (yrs)25.525.530.0
Secondary amount$0$31,092$0
Funding fee$2,077$2,077$0
Note rate4.160%4.160%7.400%
Blended rate4.160%4.697%7.640%
1st payment$2,196.66$2,196.66$2,928.77
2nd payment$0.00$307.68$0.00
Taxes / mo$477.67$477.67$477.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$84.60
HOA / mo$0.00$0.00$0.00
Total monthly$2,840.99$3,148.67$3,657.70
Cash to close$54,592$23,500$47,000