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$94,599$94,599$211,500
Remaining term (yrs)15.915.930.0
Secondary amount$0$116,901$0
Funding fee$473$473$0
Note rate2.500%2.500%7.320%
Blended rate2.500%5.540%7.560%
1st payment$595.78$595.78$1,452.86
2nd payment$0.00$779.34$0.00
Taxes / mo$195.83$195.83$195.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$42.30
HOA / mo$0.00$0.00$0.00
Total monthly$941.61$1,720.95$1,840.99
Cash to close$140,401$23,500$23,500