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$224,126$224,126$302,400
Remaining term (yrs)24.924.930.0
Secondary amount$0$78,274$0
Funding fee$1,121$1,121$0
Note rate3.020%3.020%7.400%
Blended rate3.020%4.568%7.640%
1st payment$1,065.16$1,065.16$2,093.76
2nd payment$0.00$587.06$0.00
Taxes / mo$280.00$280.00$280.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$60.48
HOA / mo$437.00$437.00$437.00
Total monthly$1,932.16$2,519.22$3,021.24
Cash to close$111,874$33,600$33,600