Dan Frey Home Loans
Call Dan

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$274,104$274,104$454,500
Remaining term (yrs)25.025.030.0
Secondary amount$0$180,396$0
Funding fee$1,371$1,371$0
Note rate2.900%2.900%7.400%
Blended rate2.900%4.924%7.640%
1st payment$1,279.82$1,279.82$3,146.87
2nd payment$0.00$1,202.64$0.00
Taxes / mo$420.83$420.83$420.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$90.90
HOA / mo$485.00$485.00$485.00
Total monthly$2,352.32$3,554.96$4,310.27
Cash to close$230,896$50,500$50,500