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$309,021$309,021$585,000
Remaining term (yrs)23.523.530.0
Secondary amount$0$275,979$0
Funding fee$1,545$1,545$0
Note rate3.450%3.450%7.400%
Blended rate3.450%5.479%7.640%
1st payment$1,593.59$1,593.59$4,050.42
2nd payment$0.00$1,782.36$0.00
Taxes / mo$254.33$254.33$254.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$117.00
HOA / mo$2.50$2.50$2.50
Total monthly$2,017.09$3,799.45$4,590.92
Cash to close$340,979$65,000$65,000