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$262,060$262,060$472,500
Remaining term (yrs)8.98.930.0
Secondary amount$0$210,440$0
Funding fee$1,310$1,310$0
Note rate2.540%2.540%7.400%
Blended rate2.540%4.860%7.640%
1st payment$2,694.76$2,694.76$3,271.49
2nd payment$0.00$1,359.09$0.00
Taxes / mo$437.50$437.50$437.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$94.50
HOA / mo$0.00$0.00$0.00
Total monthly$3,298.92$4,658.01$3,970.16
Cash to close$262,940$52,500$52,500