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$359,792$359,792$1,125,000
Remaining term (yrs)23.423.430.0
Secondary amount$0$765,208$0
Funding fee$1,799$1,799$0
Note rate3.490%3.490%7.400%
Blended rate3.490%6.388%7.640%
1st payment$1,867.27$1,867.27$7,789.27
2nd payment$0.00$4,941.97$0.00
Taxes / mo$374.00$374.00$374.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$225.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,457.94$7,399.90$8,604.94
Cash to close$890,208$125,000$125,000