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$222,795$222,795$306,000
Remaining term (yrs)24.524.530.0
Secondary amount$0$83,205$0
Funding fee$1,114$1,114$0
Note rate2.810%2.810%7.400%
Blended rate2.810%4.493%7.640%
1st payment$1,044.28$1,044.28$2,118.68
2nd payment$0.00$624.04$0.00
Taxes / mo$342.33$342.33$342.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$61.20
HOA / mo$173.00$173.00$173.00
Total monthly$1,709.62$2,333.66$2,845.22
Cash to close$117,205$34,000$34,000