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$510,581$510,581$693,000
Remaining term (yrs)24.924.930.0
Secondary amount$0$182,419$0
Funding fee$2,553$2,553$0
Note rate2.770%2.770%7.400%
Blended rate2.770%4.147%7.640%
1st payment$2,355.16$2,355.16$4,798.19
2nd payment$0.00$1,216.13$0.00
Taxes / mo$641.67$641.67$641.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$138.60
HOA / mo$0.00$0.00$0.00
Total monthly$3,213.49$4,429.62$5,795.13
Cash to close$259,419$77,000$77,000