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$215,605$215,605$315,000
Remaining term (yrs)25.225.230.0
Secondary amount$0$99,395$0
Funding fee$1,078$1,078$0
Note rate3.090%3.090%7.400%
Blended rate3.090%4.955%7.640%
1st payment$1,023.54$1,023.54$2,181.00
2nd payment$0.00$745.47$0.00
Taxes / mo$222.75$222.75$222.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$63.00
HOA / mo$180.00$180.00$180.00
Total monthly$1,576.29$2,321.75$2,796.75
Cash to close$134,395$35,000$35,000