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$352,148$352,148$483,749
Remaining term (yrs)24.224.230.0
Secondary amount$0$131,601$0
Funding fee$1,761$1,761$0
Note rate2.810%2.810%7.320%
Blended rate2.810%4.222%7.560%
1st payment$1,666.28$1,666.28$3,323.02
2nd payment$0.00$877.34$0.00
Taxes / mo$300.75$300.75$300.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$96.75
HOA / mo$21.33$21.33$21.33
Total monthly$2,155.02$3,032.36$3,908.52
Cash to close$185,351$53,750$53,750