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$331,198$331,198$434,700
Remaining term (yrs)24.824.830.0
Secondary amount$0$103,502$0
Funding fee$1,656$1,656$0
Note rate2.980%2.980%7.320%
Blended rate2.980%4.175%7.560%
1st payment$1,570.67$1,570.67$2,986.09
2nd payment$0.00$690.02$0.00
Taxes / mo$550.33$550.33$550.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$86.94
HOA / mo$36.50$36.50$36.50
Total monthly$2,324.17$3,014.18$3,826.53
Cash to close$151,802$48,300$48,300