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$223,551$223,551$252,000
Remaining term (yrs)24.824.830.0
Secondary amount$0$28,449$0
Funding fee$1,118$1,118$0
Note rate2.980%2.980%7.320%
Blended rate2.980%3.660%7.560%
1st payment$1,060.16$1,060.16$1,731.07
2nd payment$0.00$213.37$0.00
Taxes / mo$142.42$142.42$142.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$50.40
HOA / mo$112.67$112.67$112.67
Total monthly$1,465.25$1,678.62$2,186.55
Cash to close$56,449$28,000$28,000