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$381,162$381,162$396,000
Remaining term (yrs)29.129.130.0
Secondary amount$0$36,838$0
Funding fee$1,906$1,906$0
Note rate6.500%6.500%7.400%
Blended rate6.500%6.974%7.640%
1st payment$2,429.40$2,429.40$2,741.82
2nd payment$0.00$364.54$0.00
Taxes / mo$180.58$180.58$180.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$79.20
HOA / mo$21.00$21.00$21.00
Total monthly$2,780.99$3,145.53$3,172.61
Cash to close$58,838$22,000$44,000