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$203,978$203,978$287,100
Remaining term (yrs)22.622.630.0
Secondary amount$0$83,122$0
Funding fee$1,020$1,020$0
Note rate4.200%4.200%7.400%
Blended rate4.200%5.590%7.640%
1st payment$1,161.35$1,161.35$1,987.82
2nd payment$0.00$623.41$0.00
Taxes / mo$265.83$265.83$265.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$57.42
HOA / mo$33.33$33.33$33.33
Total monthly$1,610.51$2,233.92$2,494.41
Cash to close$115,022$31,900$31,900