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$266,343$266,343$342,000
Remaining term (yrs)24.924.930.0
Secondary amount$0$75,657$0
Funding fee$1,332$1,332$0
Note rate2.870%2.870%7.400%
Blended rate2.870%4.226%7.640%
1st payment$1,242.26$1,242.26$2,367.94
2nd payment$0.00$567.43$0.00
Taxes / mo$316.67$316.67$316.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$68.40
HOA / mo$0.00$0.00$0.00
Total monthly$1,708.93$2,276.36$2,903.01
Cash to close$113,657$38,000$38,000