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$658,909$658,909$1,215,000
Remaining term (yrs)24.324.330.0
Secondary amount$0$556,091$0
Funding fee$3,295$3,295$0
Note rate2.660%2.660%7.320%
Blended rate2.660%4.990%7.560%
1st payment$3,052.64$3,052.64$8,346.21
2nd payment$0.00$3,591.42$0.00
Taxes / mo$1,125.00$1,125.00$1,125.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$243.00
HOA / mo$681.00$681.00$681.00
Total monthly$5,075.31$8,666.73$10,611.87
Cash to close$691,091$135,000$135,000