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$200,870$200,870$306,000
Remaining term (yrs)23.623.630.0
Secondary amount$0$105,130$0
Funding fee$1,004$1,004$0
Note rate3.200%3.200%7.400%
Blended rate3.200%4.849%7.640%
1st payment$1,007.13$1,007.13$2,118.68
2nd payment$0.00$700.86$0.00
Taxes / mo$702.25$702.25$702.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$61.20
HOA / mo$13.17$13.17$13.17
Total monthly$1,872.55$2,573.42$3,045.30
Cash to close$139,130$34,000$34,000