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$485,692$485,692$895,500
Remaining term (yrs)24.224.230.0
Secondary amount$0$409,808$0
Funding fee$2,428$2,428$0
Note rate2.700%2.700%7.320%
Blended rate2.700%5.011%7.560%
1st payment$2,270.94$2,270.94$6,151.46
2nd payment$0.00$2,646.68$0.00
Taxes / mo$220.92$220.92$220.92
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$179.10
HOA / mo$80.00$80.00$80.00
Total monthly$2,788.52$5,435.20$6,848.15
Cash to close$509,308$99,500$99,500