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$413,641$413,641$652,500
Remaining term (yrs)24.124.130.0
Secondary amount$0$238,859$0
Funding fee$2,068$2,068$0
Note rate2.250%2.250%7.320%
Blended rate2.250%4.263%7.560%
1st payment$1,845.63$1,845.63$4,482.22
2nd payment$0.00$1,542.63$0.00
Taxes / mo$210.33$210.33$210.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$130.50
HOA / mo$0.00$0.00$0.00
Total monthly$2,272.63$3,815.26$5,039.72
Cash to close$311,359$72,500$72,500