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$232,004$232,004$508,500
Remaining term (yrs)19.419.430.0
Secondary amount$0$276,496$0
Funding fee$1,160$1,160$0
Note rate2.310%2.310%7.320%
Blended rate2.310%5.268%7.560%
1st payment$1,228.27$1,228.27$3,493.04
2nd payment$0.00$1,785.70$0.00
Taxes / mo$96.59$96.59$96.59
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$101.70
HOA / mo$0.00$0.00$0.00
Total monthly$1,491.53$3,277.23$3,858.00
Cash to close$332,996$56,500$56,500