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$633,532$633,532$1,116,000
Remaining term (yrs)24.924.930.0
Secondary amount$0$482,468$0
Funding fee$3,168$3,168$0
Note rate2.770%2.770%7.320%
Blended rate2.770%4.923%7.560%
1st payment$2,929.04$2,929.04$7,666.15
2nd payment$0.00$3,115.94$0.00
Taxes / mo$1,033.33$1,033.33$1,033.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$223.20
HOA / mo$151.00$151.00$151.00
Total monthly$4,330.04$7,445.98$9,290.35
Cash to close$606,468$124,000$124,000