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$284,523$284,523$315,000
Remaining term (yrs)25.325.330.0
Secondary amount$0$30,477$0
Funding fee$1,423$1,423$0
Note rate3.100%3.100%7.320%
Blended rate3.100%3.671%7.560%
1st payment$1,349.29$1,349.29$2,163.83
2nd payment$0.00$228.57$0.00
Taxes / mo$291.67$291.67$291.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$63.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,790.95$2,019.53$2,668.50
Cash to close$65,477$35,000$35,000