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$238,264$238,264$494,999
Remaining term (yrs)23.823.830.0
Secondary amount$0$256,736$0
Funding fee$1,191$1,191$0
Note rate3.130%3.130%7.400%
Blended rate3.130%5.526%7.640%
1st payment$1,180.37$1,180.37$3,427.27
2nd payment$0.00$1,658.08$0.00
Taxes / mo$197.17$197.17$197.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$99.00
HOA / mo$20.67$20.67$20.67
Total monthly$1,564.87$3,222.95$3,910.78
Cash to close$311,735$55,000$55,000