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$496,826$496,826$540,000
Remaining term (yrs)25.325.330.0
Secondary amount$0$43,174$0
Funding fee$2,484$2,484$0
Note rate2.490%2.490%7.400%
Blended rate2.490%3.010%7.640%
1st payment$2,200.04$2,200.04$3,738.85
2nd payment$0.00$323.80$0.00
Taxes / mo$500.00$500.00$500.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$108.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,866.71$3,190.51$4,513.52
Cash to close$103,174$60,000$60,000