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$487,062$487,062$742,410
Remaining term (yrs)24.924.930.0
Secondary amount$0$255,348$0
Funding fee$2,435$2,435$0
Note rate2.860%2.860%7.400%
Blended rate2.860%4.542%7.640%
1st payment$2,269.22$2,269.22$5,140.30
2nd payment$0.00$1,649.12$0.00
Taxes / mo$687.42$687.42$687.42
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$148.48
HOA / mo$0.00$0.00$0.00
Total monthly$3,173.30$4,822.42$6,192.86
Cash to close$337,838$82,490$82,490