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$345,030$345,030$418,338
Remaining term (yrs)29.329.330.0
Secondary amount$0$73,308$0
Funding fee$1,725$1,725$0
Note rate6.180%6.180%7.400%
Blended rate6.180%6.674%7.640%
1st payment$2,123.24$2,123.24$2,896.49
2nd payment$0.00$549.81$0.00
Taxes / mo$241.00$241.00$241.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$83.67
HOA / mo$30.00$30.00$30.00
Total monthly$2,560.91$3,110.72$3,417.82
Cash to close$119,790$46,482$46,482