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$514,553$514,553$571,500
Remaining term (yrs)24.324.330.0
Secondary amount$0$56,947$0
Funding fee$2,573$2,573$0
Note rate2.600%2.600%7.400%
Blended rate2.600%3.238%7.640%
1st payment$2,374.01$2,374.01$3,956.95
2nd payment$0.00$427.10$0.00
Taxes / mo$319.75$319.75$319.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$114.30
HOA / mo$140.00$140.00$140.00
Total monthly$3,000.43$3,427.53$4,697.67
Cash to close$120,447$63,500$63,500