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$724,690$724,690$1,885,500
Remaining term (yrs)24.024.030.0
Secondary amount$0$1,160,810$0
Funding fee$3,623$3,623$0
Note rate2.860%2.860%7.400%
Blended rate2.860%5.871%7.640%
1st payment$3,464.08$3,464.08$13,054.82
2nd payment$0.00$7,496.90$0.00
Taxes / mo$446.75$446.75$446.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$377.10
HOA / mo$0.00$0.00$0.00
Total monthly$4,127.50$11,624.39$14,095.34
Cash to close$1,370,310$209,500$209,500