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$605,119$605,119$1,035,000
Remaining term (yrs)28.928.930.0
Secondary amount$0$429,881$0
Funding fee$3,026$3,026$0
Note rate6.740%6.740%7.400%
Blended rate6.740%7.159%7.640%
1st payment$3,963.09$3,963.09$7,166.13
2nd payment$0.00$2,776.32$0.00
Taxes / mo$958.33$958.33$958.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$207.00
HOA / mo$0.00$0.00$0.00
Total monthly$5,138.09$7,914.40$8,548.13
Cash to close$544,881$115,000$115,000