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$291,694$291,694$337,500
Remaining term (yrs)23.923.930.0
Secondary amount$0$45,806$0
Funding fee$1,458$1,458$0
Note rate2.960%2.960%7.320%
Blended rate2.960%3.780%7.560%
1st payment$1,416.02$1,416.02$2,318.39
2nd payment$0.00$343.55$0.00
Taxes / mo$119.61$119.61$119.61
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$67.50
HOA / mo$395.00$395.00$395.00
Total monthly$2,080.63$2,424.18$3,050.50
Cash to close$83,306$37,500$37,500