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$847,000$847,000$1,349,100
Remaining term (yrs)24.024.030.0
Secondary amount$0$502,100$0
Funding fee$4,235$4,235$0
Note rate2.990%2.990%7.320%
Blended rate2.990%4.762%7.560%
1st payment$4,105.38$4,105.38$9,267.38
2nd payment$0.00$3,242.73$0.00
Taxes / mo$1,249.17$1,249.17$1,249.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$269.82
HOA / mo$0.00$0.00$0.00
Total monthly$5,571.22$8,813.94$11,003.03
Cash to close$652,000$149,900$149,900