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$174,153$174,153$229,500
Remaining term (yrs)24.924.930.0
Secondary amount$0$55,347$0
Funding fee$871$871$0
Note rate2.800%2.800%7.320%
Blended rate2.800%4.295%7.560%
1st payment$807.85$807.85$1,576.51
2nd payment$0.00$415.10$0.00
Taxes / mo$212.50$212.50$212.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$45.90
HOA / mo$0.00$0.00$0.00
Total monthly$1,170.35$1,585.45$1,984.91
Cash to close$80,847$25,500$25,500