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$250,147$250,147$368,100
Remaining term (yrs)24.424.430.0
Secondary amount$0$117,953$0
Funding fee$1,251$1,251$0
Note rate3.050%3.050%7.320%
Blended rate3.050%4.636%7.560%
1st payment$1,206.24$1,206.24$2,528.59
2nd payment$0.00$786.35$0.00
Taxes / mo$29.17$29.17$29.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$73.62
HOA / mo$0.00$0.00$0.00
Total monthly$1,385.40$2,171.76$2,781.38
Cash to close$158,853$40,900$40,900