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$230,199$230,199$297,000
Remaining term (yrs)24.924.930.0
Secondary amount$0$66,801$0
Funding fee$1,151$1,151$0
Note rate2.860%2.860%7.400%
Blended rate2.860%4.241%7.640%
1st payment$1,072.50$1,072.50$2,056.37
2nd payment$0.00$501.01$0.00
Taxes / mo$343.67$343.67$343.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$59.40
HOA / mo$16.67$16.67$16.67
Total monthly$1,582.83$2,083.84$2,626.10
Cash to close$99,801$33,000$33,000