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$203,721$203,721$574,200
Remaining term (yrs)23.423.430.0
Secondary amount$0$370,479$0
Funding fee$1,019$1,019$0
Note rate3.600%3.600%7.400%
Blended rate3.600%6.278%7.640%
1st payment$1,071.60$1,071.60$3,975.64
2nd payment$0.00$2,392.68$0.00
Taxes / mo$570.99$570.99$570.99
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$114.84
HOA / mo$452.00$452.00$452.00
Total monthly$2,261.26$4,653.93$5,280.14
Cash to close$434,279$63,800$63,800