Dan Frey Home Loans
Call Dan

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$97,672$97,672$431,550
Remaining term (yrs)14.814.830.0
Secondary amount$0$333,878$0
Funding fee$488$488$0
Note rate4.490%4.490%7.320%
Blended rate4.490%7.012%7.560%
1st payment$749.61$749.61$2,964.45
2nd payment$0.00$2,156.30$0.00
Taxes / mo$291.58$291.58$291.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$86.31
HOA / mo$0.00$0.00$0.00
Total monthly$1,207.86$3,364.16$3,509.01
Cash to close$381,828$47,950$47,950