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$232,894$232,894$422,910
Remaining term (yrs)23.723.730.0
Secondary amount$0$190,016$0
Funding fee$1,164$1,164$0
Note rate3.230%3.230%7.400%
Blended rate3.230%5.373%7.640%
1st payment$1,168.62$1,168.62$2,928.14
2nd payment$0.00$1,266.77$0.00
Taxes / mo$499.22$499.22$499.22
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$84.58
HOA / mo$56.67$56.67$56.67
Total monthly$1,891.17$3,157.95$3,735.28
Cash to close$237,006$46,990$46,990