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$625,233$625,233$738,000
Remaining term (yrs)26.226.230.0
Secondary amount$0$112,767$0
Funding fee$3,126$3,126$0
Note rate6.610%6.610%7.240%
Blended rate6.610%6.822%7.480%
1st payment$4,185.80$4,185.80$5,029.46
2nd payment$0.00$751.78$0.00
Taxes / mo$683.33$683.33$683.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$147.60
HOA / mo$52.50$52.50$52.50
Total monthly$5,138.30$5,890.08$6,129.56
Cash to close$194,767$82,000$82,000