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$289,141$289,141$315,000
Remaining term (yrs)26.326.330.0
Secondary amount$0$25,859$0
Funding fee$1,446$1,446$0
Note rate6.360%6.360%7.320%
Blended rate6.360%6.577%7.560%
1st payment$1,885.35$1,885.35$2,163.83
2nd payment$0.00$193.94$0.00
Taxes / mo$274.00$274.00$274.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$63.00
HOA / mo$314.00$314.00$314.00
Total monthly$2,623.35$2,817.30$2,964.83
Cash to close$60,859$35,000$35,000