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$249,574$249,574$530,100
Remaining term (yrs)19.819.830.0
Secondary amount$0$280,526$0
Funding fee$1,248$1,248$0
Note rate3.480%3.480%7.400%
Blended rate3.480%5.740%7.640%
1st payment$1,449.05$1,449.05$3,670.31
2nd payment$0.00$1,811.73$0.00
Taxes / mo$490.83$490.83$490.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$106.02
HOA / mo$0.00$0.00$0.00
Total monthly$2,106.55$3,918.28$4,433.83
Cash to close$339,426$58,900$58,900