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$281,317$281,317$350,100
Remaining term (yrs)24.424.430.0
Secondary amount$0$68,783$0
Funding fee$1,407$1,407$0
Note rate2.740%2.740%7.400%
Blended rate2.740%3.970%7.640%
1st payment$1,314.75$1,314.75$2,424.02
2nd payment$0.00$515.87$0.00
Taxes / mo$172.21$172.21$172.21
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$70.02
HOA / mo$34.00$34.00$34.00
Total monthly$1,670.96$2,186.83$2,850.25
Cash to close$107,683$38,900$38,900