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$1,556,869$1,556,869$2,592,000
Remaining term (yrs)29.629.630.0
Secondary amount$0$1,035,131$0
Funding fee$7,784$7,784$0
Note rate4.620%4.620%7.400%
Blended rate4.620%5.870%7.640%
1st payment$8,030.98$8,030.98$17,946.48
2nd payment$0.00$6,685.22$0.00
Taxes / mo$1,063.83$1,063.83$1,063.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$518.40
HOA / mo$0.00$0.00$0.00
Total monthly$9,311.48$15,996.70$19,745.38
Cash to close$1,323,131$288,000$288,000