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$615,300$615,300$1,125,000
Remaining term (yrs)24.024.030.0
Secondary amount$0$509,700$0
Funding fee$3,077$3,077$0
Note rate2.900%2.900%7.320%
Blended rate2.900%5.097%7.560%
1st payment$2,953.81$2,953.81$7,727.97
2nd payment$0.00$3,291.81$0.00
Taxes / mo$819.42$819.42$819.42
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$225.00
HOA / mo$0.00$0.00$0.00
Total monthly$3,989.90$7,281.71$8,989.05
Cash to close$634,700$125,000$125,000