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$598,952$598,952$809,910
Remaining term (yrs)24.924.930.0
Secondary amount$0$210,958$0
Funding fee$2,995$2,995$0
Note rate2.770%2.770%7.400%
Blended rate2.770%4.067%7.640%
1st payment$2,762.78$2,762.78$5,607.65
2nd payment$0.00$1,362.44$0.00
Taxes / mo$347.33$347.33$347.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$161.98
HOA / mo$0.00$0.00$0.00
Total monthly$3,326.78$4,689.22$6,333.64
Cash to close$300,948$89,990$89,990