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$353,432$353,432$584,100
Remaining term (yrs)24.924.930.0
Secondary amount$0$230,668$0
Funding fee$1,767$1,767$0
Note rate2.500%2.500%7.400%
Blended rate2.500%4.573%7.640%
1st payment$1,585.55$1,585.55$4,044.19
2nd payment$0.00$1,489.73$0.00
Taxes / mo$451.75$451.75$451.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$116.82
HOA / mo$36.50$36.50$36.50
Total monthly$2,240.47$3,730.20$4,815.93
Cash to close$295,568$64,900$64,900