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$194,465$194,465$427,500
Remaining term (yrs)18.718.730.0
Secondary amount$0$233,035$0
Funding fee$972$972$0
Note rate3.840%3.840%7.320%
Blended rate3.840%5.971%7.560%
1st payment$1,210.11$1,210.11$2,936.63
2nd payment$0.00$1,505.02$0.00
Taxes / mo$253.50$253.50$253.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$85.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,630.27$3,135.29$3,442.30
Cash to close$280,535$47,500$47,500