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$320,026$320,026$337,500
Remaining term (yrs)24.924.930.0
Secondary amount$0$36,224$0
Funding fee$1,600$1,600$0
Note rate2.870%2.870%7.400%
Blended rate2.870%3.786%7.640%
1st payment$1,492.65$1,492.65$2,336.78
2nd payment$0.00$358.46$0.00
Taxes / mo$669.08$669.08$669.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$67.50
HOA / mo$0.00$0.00$0.00
Total monthly$2,311.73$2,670.20$3,223.37
Cash to close$54,974$18,750$37,500