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$307,002$307,002$463,500
Remaining term (yrs)24.124.130.0
Secondary amount$0$156,498$0
Funding fee$1,535$1,535$0
Note rate2.800%2.800%7.320%
Blended rate2.800%4.556%7.560%
1st payment$1,454.57$1,454.57$3,183.92
2nd payment$0.00$1,043.32$0.00
Taxes / mo$510.75$510.75$510.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$92.70
HOA / mo$0.00$0.00$0.00
Total monthly$2,131.98$3,175.30$3,954.04
Cash to close$207,998$51,500$51,500