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$293,599$293,599$530,100
Remaining term (yrs)23.623.630.0
Secondary amount$0$236,501$0
Funding fee$1,468$1,468$0
Note rate3.230%3.230%7.400%
Blended rate3.230%5.247%7.640%
1st payment$1,476.66$1,476.66$3,670.31
2nd payment$0.00$1,527.40$0.00
Taxes / mo$490.83$490.83$490.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$106.02
HOA / mo$463.00$463.00$463.00
Total monthly$2,597.16$4,124.56$4,896.83
Cash to close$295,401$58,900$58,900