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$220,407$220,407$711,000
Remaining term (yrs)25.325.330.0
Secondary amount$0$490,593$0
Funding fee$1,102$1,102$0
Note rate3.550%3.550%7.320%
Blended rate3.550%6.448%7.560%
1st payment$1,095.83$1,095.83$4,884.08
2nd payment$0.00$3,168.41$0.00
Taxes / mo$658.33$658.33$658.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$142.20
HOA / mo$0.00$0.00$0.00
Total monthly$1,970.83$5,139.24$5,901.28
Cash to close$569,593$79,000$79,000