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$181,061$181,061$400,000
Remaining term (yrs)22.622.630.0
Secondary amount$0$218,939$0
Funding fee$905$905$0
Note rate4.140%4.140%7.400%
Blended rate4.140%6.116%7.640%
1st payment$1,024.94$1,024.94$2,769.52
2nd payment$0.00$1,413.98$0.00
Taxes / mo$154.17$154.17$154.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$80.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,329.10$2,743.08$3,153.68
Cash to close$263,383$44,444$44,444