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$252,126$252,126$364,500
Remaining term (yrs)27.527.530.0
Secondary amount$0$112,374$0
Funding fee$1,261$1,261$0
Note rate6.880%6.880%7.320%
Blended rate6.880%7.225%7.560%
1st payment$1,700.34$1,700.34$2,503.86
2nd payment$0.00$749.16$0.00
Taxes / mo$324.17$324.17$324.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$72.90
HOA / mo$165.00$165.00$165.00
Total monthly$2,339.51$3,088.67$3,215.93
Cash to close$152,874$40,500$40,500