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$284,277$284,277$328,500
Remaining term (yrs)27.927.930.0
Secondary amount$0$44,223$0
Funding fee$1,421$1,421$0
Note rate6.500%6.500%7.400%
Blended rate6.500%6.837%7.640%
1st payment$1,839.32$1,839.32$2,274.47
2nd payment$0.00$331.67$0.00
Taxes / mo$304.17$304.17$304.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$65.70
HOA / mo$538.00$538.00$538.00
Total monthly$2,831.48$3,163.16$3,332.33
Cash to close$80,723$36,500$36,500