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$165,390$165,390$215,910
Remaining term (yrs)24.924.930.0
Secondary amount$0$50,520$0
Funding fee$827$827$0
Note rate2.840%2.840%7.320%
Blended rate2.840%4.281%7.560%
1st payment$768.84$768.84$1,483.15
2nd payment$0.00$378.90$0.00
Taxes / mo$286.66$286.66$286.66
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$43.18
HOA / mo$0.00$0.00$0.00
Total monthly$1,205.51$1,584.41$1,962.99
Cash to close$74,510$23,990$23,990