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$472,018$472,018$697,410
Remaining term (yrs)24.524.530.0
Secondary amount$0$225,392$0
Funding fee$2,360$2,360$0
Note rate3.180%3.180%7.320%
Blended rate3.180%4.657%7.560%
1st payment$2,303.02$2,303.02$4,790.72
2nd payment$0.00$1,455.66$0.00
Taxes / mo$645.75$645.75$645.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$139.48
HOA / mo$130.00$130.00$130.00
Total monthly$3,295.44$4,751.10$5,922.62
Cash to close$302,882$77,490$77,490