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$654,893$654,893$1,345,500
Remaining term (yrs)25.425.430.0
Secondary amount$0$690,607$0
Funding fee$3,274$3,274$0
Note rate3.550%3.550%7.400%
Blended rate3.550%5.706%7.640%
1st payment$3,249.50$3,249.50$9,315.97
2nd payment$0.00$4,460.17$0.00
Taxes / mo$1,245.83$1,245.83$1,245.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$269.10
HOA / mo$85.00$85.00$85.00
Total monthly$4,797.00$9,257.17$11,132.57
Cash to close$840,107$149,500$149,500