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$61,200$61,200$261,000
Remaining term (yrs)24.524.530.0
Secondary amount$0$199,800$0
Funding fee$306$306$0
Note rate2.810%2.810%7.320%
Blended rate2.810%6.783%7.560%
1st payment$286.85$286.85$1,792.89
2nd payment$0.00$1,332.00$0.00
Taxes / mo$62.96$62.96$62.96
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$52.20
HOA / mo$0.00$0.00$0.00
Total monthly$499.81$1,831.82$2,058.05
Cash to close$228,800$29,000$29,000