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$978,555$978,555$1,529,100
Remaining term (yrs)25.825.830.0
Secondary amount$0$550,545$0
Funding fee$4,893$4,893$0
Note rate5.300%5.300%7.400%
Blended rate5.300%6.182%7.640%
1st payment$5,793.23$5,793.23$10,587.18
2nd payment$0.00$3,555.60$0.00
Taxes / mo$1,415.83$1,415.83$1,415.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$305.82
HOA / mo$196.00$196.00$196.00
Total monthly$7,621.73$11,177.33$12,721.50
Cash to close$720,445$169,900$169,900