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$298,984$298,984$607,410
Remaining term (yrs)23.323.330.0
Secondary amount$0$308,426$0
Funding fee$1,495$1,495$0
Note rate2.670%2.670%7.400%
Blended rate2.670%5.249%7.640%
1st payment$1,432.20$1,432.20$4,205.58
2nd payment$0.00$1,991.92$0.00
Taxes / mo$562.42$562.42$562.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$121.48
HOA / mo$0.00$0.00$0.00
Total monthly$2,161.28$4,153.20$5,056.15
Cash to close$375,916$67,490$67,490