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$251,050$251,050$276,300
Remaining term (yrs)26.326.330.0
Secondary amount$0$25,250$0
Funding fee$1,255$1,255$0
Note rate6.270%6.270%7.320%
Blended rate6.270%6.519%7.560%
1st payment$1,622.76$1,622.76$1,897.99
2nd payment$0.00$189.38$0.00
Taxes / mo$255.83$255.83$255.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$55.26
HOA / mo$0.00$0.00$0.00
Total monthly$2,028.59$2,217.97$2,359.08
Cash to close$55,950$30,700$30,700