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$284,711$284,711$382,500
Remaining term (yrs)26.426.430.0
Secondary amount$0$97,789$0
Funding fee$1,424$1,424$0
Note rate6.500%6.500%7.400%
Blended rate6.500%7.139%7.640%
1st payment$1,877.24$1,877.24$2,648.35
2nd payment$0.00$733.42$0.00
Taxes / mo$32.75$32.75$32.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$76.50
HOA / mo$72.00$72.00$72.00
Total monthly$2,131.99$2,865.41$2,979.60
Cash to close$140,289$42,500$42,500