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$173,334$173,334$202,500
Remaining term (yrs)24.424.430.0
Secondary amount$0$29,166$0
Funding fee$867$867$0
Note rate2.390%2.390%7.400%
Blended rate2.390%3.342%7.640%
1st payment$777.56$777.56$1,402.07
2nd payment$0.00$218.75$0.00
Taxes / mo$74.75$74.75$74.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$40.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,002.31$1,221.06$1,667.32
Cash to close$51,666$22,500$22,500