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$284,408$284,408$476,100
Remaining term (yrs)23.823.830.0
Secondary amount$0$191,692$0
Funding fee$1,422$1,422$0
Note rate3.160%3.160%7.400%
Blended rate3.160%5.109%7.640%
1st payment$1,413.41$1,413.41$3,296.42
2nd payment$0.00$1,277.95$0.00
Taxes / mo$272.83$272.83$272.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$95.22
HOA / mo$0.00$0.00$0.00
Total monthly$1,852.91$3,130.86$3,831.14
Cash to close$244,592$52,900$52,900