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$230,883$230,883$450,000
Remaining term (yrs)20.520.530.0
Secondary amount$0$219,117$0
Funding fee$1,154$1,154$0
Note rate4.100%4.100%7.320%
Blended rate4.100%5.877%7.560%
1st payment$1,381.95$1,381.95$3,091.19
2nd payment$0.00$1,415.13$0.00
Taxes / mo$407.50$407.50$407.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$90.00
HOA / mo$0.92$0.92$0.92
Total monthly$1,957.03$3,372.17$3,756.27
Cash to close$269,117$50,000$50,000