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$257,734$257,734$441,000
Remaining term (yrs)24.924.930.0
Secondary amount$0$183,266$0
Funding fee$1,289$1,289$0
Note rate2.980%2.980%7.320%
Blended rate2.980%5.066%7.560%
1st payment$1,219.53$1,219.53$3,029.36
2nd payment$0.00$1,221.77$0.00
Taxes / mo$260.00$260.00$260.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$88.20
HOA / mo$0.00$0.00$0.00
Total monthly$1,646.19$2,867.96$3,544.23
Cash to close$232,266$49,000$49,000