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$209,579$209,579$531,000
Remaining term (yrs)18.918.930.0
Secondary amount$0$321,421$0
Funding fee$1,048$1,048$0
Note rate3.940%3.940%7.400%
Blended rate3.940%6.246%7.640%
1st payment$1,303.40$1,303.40$3,676.54
2nd payment$0.00$2,075.85$0.00
Taxes / mo$233.33$233.33$233.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$106.20
HOA / mo$60.00$60.00$60.00
Total monthly$1,763.40$3,839.24$4,242.74
Cash to close$380,421$59,000$59,000