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$115,610$115,610$283,500
Remaining term (yrs)21.921.930.0
Secondary amount$0$167,890$0
Funding fee$578$578$0
Note rate4.590%4.590%7.400%
Blended rate4.590%6.609%7.640%
1st payment$696.38$696.38$1,962.90
2nd payment$0.00$1,119.27$0.00
Taxes / mo$88.75$88.75$88.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$56.70
HOA / mo$0.00$0.00$0.00
Total monthly$935.13$2,054.40$2,258.35
Cash to close$199,390$31,500$31,500