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$455,368$455,368$666,000
Remaining term (yrs)24.424.430.0
Secondary amount$0$210,632$0
Funding fee$2,277$2,277$0
Note rate2.810%2.810%7.400%
Blended rate2.810%4.372%7.640%
1st payment$2,139.42$2,139.42$4,611.25
2nd payment$0.00$1,360.33$0.00
Taxes / mo$398.08$398.08$398.08
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$133.20
HOA / mo$170.00$170.00$170.00
Total monthly$2,924.17$4,284.50$5,529.20
Cash to close$284,632$74,000$74,000