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$292,505$292,505$436,500
Remaining term (yrs)28.528.530.0
Secondary amount$0$143,995$0
Funding fee$1,463$1,463$0
Note rate6.670%6.670%7.400%
Blended rate6.670%7.109%7.640%
1st payment$1,909.51$1,909.51$3,022.24
2nd payment$0.00$959.97$0.00
Taxes / mo$159.83$159.83$159.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$87.30
HOA / mo$0.00$0.00$0.00
Total monthly$2,236.01$3,195.98$3,436.04
Cash to close$192,495$48,500$48,500