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$334,250$334,250$549,000
Remaining term (yrs)24.924.930.0
Secondary amount$0$214,750$0
Funding fee$1,671$1,671$0
Note rate2.870%2.870%7.400%
Blended rate2.870%4.779%7.640%
1st payment$1,558.99$1,558.99$3,801.17
2nd payment$0.00$1,386.93$0.00
Taxes / mo$508.33$508.33$508.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$109.80
HOA / mo$0.00$0.00$0.00
Total monthly$2,233.99$3,620.92$4,585.97
Cash to close$275,750$61,000$61,000