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$250,764$250,764$449,100
Remaining term (yrs)23.723.730.0
Secondary amount$0$198,336$0
Funding fee$1,254$1,254$0
Note rate2.500%2.500%7.320%
Blended rate2.500%4.929%7.560%
1st payment$1,164.68$1,164.68$3,085.01
2nd payment$0.00$1,322.24$0.00
Taxes / mo$229.50$229.50$229.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,560.85$2,883.09$3,570.99
Cash to close$248,236$49,900$49,900