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$342,357$342,357$549,000
Remaining term (yrs)23.823.830.0
Secondary amount$0$206,643$0
Funding fee$1,712$1,712$0
Note rate3.070%3.070%7.400%
Blended rate3.070%4.832%7.640%
1st payment$1,685.39$1,685.39$3,801.17
2nd payment$0.00$1,334.57$0.00
Taxes / mo$373.08$373.08$373.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$109.80
HOA / mo$0.00$0.00$0.00
Total monthly$2,225.14$3,559.71$4,450.72
Cash to close$267,643$61,000$61,000