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$431,005$431,005$2,250,000
Remaining term (yrs)27.527.530.0
Secondary amount$0$1,818,995$0
Funding fee$2,155$2,155$0
Note rate4.000%4.000%7.400%
Blended rate4.000%7.032%7.640%
1st payment$2,148.37$2,148.37$15,578.55
2nd payment$0.00$11,747.68$0.00
Taxes / mo$2,083.33$2,083.33$2,083.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$450.00
HOA / mo$0.00$0.00$0.00
Total monthly$4,448.37$16,196.05$18,328.55
Cash to close$2,068,995$250,000$250,000