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$386,597$386,597$607,500
Remaining term (yrs)23.123.130.0
Secondary amount$0$220,903$0
Funding fee$1,933$1,933$0
Note rate3.650%3.650%7.400%
Blended rate3.650%5.141%7.640%
1st payment$2,057.76$2,057.76$4,206.21
2nd payment$0.00$1,426.67$0.00
Taxes / mo$562.50$562.50$562.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$121.50
HOA / mo$0.00$0.00$0.00
Total monthly$2,786.93$4,213.60$5,056.87
Cash to close$288,403$67,500$67,500