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$233,675$233,675$328,500
Remaining term (yrs)23.323.330.0
Secondary amount$0$94,825$0
Funding fee$1,168$1,168$0
Note rate3.250%3.250%7.320%
Blended rate3.250%4.910%7.560%
1st payment$1,186.03$1,186.03$2,256.57
2nd payment$0.00$711.19$0.00
Taxes / mo$304.17$304.17$304.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$65.70
HOA / mo$14.58$14.58$14.58
Total monthly$1,654.78$2,365.97$2,791.01
Cash to close$131,325$36,500$36,500