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$150,155$150,155$535,500
Remaining term (yrs)8.98.930.0
Secondary amount$0$385,345$0
Funding fee$751$751$0
Note rate2.510%2.510%7.400%
Blended rate2.510%6.281%7.640%
1st payment$1,554.72$1,554.72$3,707.69
2nd payment$0.00$2,488.69$0.00
Taxes / mo$495.83$495.83$495.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$107.10
HOA / mo$115.00$115.00$115.00
Total monthly$2,332.22$4,820.90$4,592.29
Cash to close$444,845$59,500$59,500