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$252,455$252,455$304,650
Remaining term (yrs)27.827.830.0
Secondary amount$0$52,195$0
Funding fee$1,262$1,262$0
Note rate6.950%6.950%7.400%
Blended rate6.950%7.301%7.640%
1st payment$1,709.06$1,709.06$2,109.34
2nd payment$0.00$391.46$0.00
Taxes / mo$282.08$282.08$282.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$60.93
HOA / mo$0.00$0.00$0.00
Total monthly$2,141.15$2,532.61$2,602.35
Cash to close$86,045$33,850$33,850