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$251,582$251,582$540,000
Remaining term (yrs)24.124.130.0
Secondary amount$0$288,418$0
Funding fee$1,258$1,258$0
Note rate2.870%2.870%7.320%
Blended rate2.870%5.476%7.560%
1st payment$1,201.00$1,201.00$3,709.43
2nd payment$0.00$1,862.70$0.00
Taxes / mo$723.17$723.17$723.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$108.00
HOA / mo$45.33$45.33$45.33
Total monthly$2,136.17$3,998.87$4,752.59
Cash to close$348,418$60,000$60,000