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$217,862$217,862$373,500
Remaining term (yrs)22.722.730.0
Secondary amount$0$155,638$0
Funding fee$1,089$1,089$0
Note rate3.820%3.820%7.400%
Blended rate3.820%5.562%7.640%
1st payment$1,192.85$1,192.85$2,586.04
2nd payment$0.00$1,037.59$0.00
Taxes / mo$228.33$228.33$228.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$74.70
HOA / mo$0.00$0.00$0.00
Total monthly$1,571.18$2,608.77$3,039.07
Cash to close$197,138$41,500$41,500