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$237,976$237,976$408,600
Remaining term (yrs)24.624.630.0
Secondary amount$0$170,624$0
Funding fee$1,190$1,190$0
Note rate3.060%3.060%7.320%
Blended rate3.060%5.123%7.560%
1st payment$1,143.60$1,143.60$2,806.80
2nd payment$0.00$1,137.49$0.00
Taxes / mo$315.75$315.75$315.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$81.72
HOA / mo$85.00$85.00$85.00
Total monthly$1,711.02$2,848.51$3,455.94
Cash to close$216,024$45,400$45,400