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$240,701$240,701$449,910
Remaining term (yrs)14.814.830.0
Secondary amount$0$209,209$0
Funding fee$1,204$1,204$0
Note rate2.960%2.960%7.400%
Blended rate2.960%5.187%7.640%
1st payment$1,664.97$1,664.97$3,115.09
2nd payment$0.00$1,351.14$0.00
Taxes / mo$222.09$222.09$222.09
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.98
HOA / mo$70.00$70.00$70.00
Total monthly$2,123.72$3,474.87$3,663.82
Cash to close$259,199$49,990$49,990