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$249,475$249,475$269,910
Remaining term (yrs)27.927.930.0
Secondary amount$0$35,430$0
Funding fee$1,247$1,247$0
Note rate6.460%6.460%7.400%
Blended rate6.460%7.133%7.640%
1st payment$1,606.02$1,606.02$1,868.80
2nd payment$0.00$350.61$0.00
Taxes / mo$194.25$194.25$194.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,950.27$2,300.88$2,267.03
Cash to close$50,425$14,995$29,990