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$312,944$312,944$346,500
Remaining term (yrs)26.626.630.0
Secondary amount$0$33,556$0
Funding fee$1,565$1,565$0
Note rate6.430%6.430%7.400%
Blended rate6.430%6.679%7.640%
1st payment$2,044.67$2,044.67$2,399.10
2nd payment$0.00$251.67$0.00
Taxes / mo$320.83$320.83$320.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$69.30
HOA / mo$0.00$0.00$0.00
Total monthly$2,515.50$2,767.17$2,939.23
Cash to close$72,056$38,500$38,500