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$311,811$311,811$396,000
Remaining term (yrs)23.823.830.0
Secondary amount$0$84,189$0
Funding fee$1,559$1,559$0
Note rate3.160%3.160%7.400%
Blended rate3.160%4.402%7.640%
1st payment$1,549.59$1,549.59$2,741.82
2nd payment$0.00$631.42$0.00
Taxes / mo$476.00$476.00$476.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$79.20
HOA / mo$360.00$360.00$360.00
Total monthly$2,535.59$3,167.01$3,807.02
Cash to close$128,189$44,000$44,000