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$177,405$177,405$585,000
Remaining term (yrs)24.524.530.0
Secondary amount$0$407,595$0
Funding fee$887$887$0
Note rate2.810%2.810%7.400%
Blended rate2.810%6.252%7.640%
1st payment$831.53$831.53$4,050.42
2nd payment$0.00$2,632.38$0.00
Taxes / mo$159.61$159.61$159.61
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$117.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,157.81$3,790.19$4,493.70
Cash to close$472,595$65,000$65,000