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$265,751$265,751$296,910
Remaining term (yrs)25.825.830.0
Secondary amount$0$31,159$0
Funding fee$1,329$1,329$0
Note rate5.780%5.780%7.400%
Blended rate5.780%6.118%7.640%
1st payment$1,650.35$1,650.35$2,055.74
2nd payment$0.00$233.69$0.00
Taxes / mo$355.58$355.58$355.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$59.38
HOA / mo$0.00$0.00$0.00
Total monthly$2,155.93$2,389.62$2,620.71
Cash to close$64,149$32,990$32,990