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$266,425$266,425$279,000
Remaining term (yrs)28.728.730.0
Secondary amount$0$28,075$0
Funding fee$1,332$1,332$0
Note rate6.500%6.500%7.400%
Blended rate6.500%7.012%7.640%
1st payment$1,706.36$1,706.36$1,931.74
2nd payment$0.00$277.82$0.00
Taxes / mo$94.48$94.48$94.48
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$55.80
HOA / mo$0.00$0.00$0.00
Total monthly$1,950.84$2,228.66$2,232.01
Cash to close$43,575$15,500$31,000