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$302,017$302,017$562,680
Remaining term (yrs)21.321.330.0
Secondary amount$0$260,663$0
Funding fee$1,510$1,510$0
Note rate2.710%2.710%7.400%
Blended rate2.710%5.045%7.640%
1st payment$1,550.29$1,550.29$3,895.88
2nd payment$0.00$1,683.45$0.00
Taxes / mo$521.00$521.00$521.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$112.54
HOA / mo$78.00$78.00$78.00
Total monthly$2,315.95$3,999.40$4,774.09
Cash to close$323,183$62,520$62,520