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$197,734$197,734$306,000
Remaining term (yrs)22.822.830.0
Secondary amount$0$108,266$0
Funding fee$989$989$0
Note rate4.070%4.070%7.400%
Blended rate4.070%5.460%7.640%
1st payment$1,106.88$1,106.88$2,118.68
2nd payment$0.00$721.77$0.00
Taxes / mo$335.92$335.92$335.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$61.20
HOA / mo$273.67$273.67$273.67
Total monthly$1,866.46$2,588.24$2,939.47
Cash to close$142,266$34,000$34,000