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$535,630$535,630$1,057,500
Remaining term (yrs)23.423.430.0
Secondary amount$0$521,870$0
Funding fee$2,678$2,678$0
Note rate3.450%3.450%7.400%
Blended rate3.450%5.572%7.640%
1st payment$2,768.51$2,768.51$7,321.92
2nd payment$0.00$3,370.41$0.00
Taxes / mo$979.17$979.17$979.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$211.50
HOA / mo$70.00$70.00$70.00
Total monthly$4,034.34$7,404.75$8,799.25
Cash to close$639,370$117,500$117,500