Dan Frey Home Loans
Call Dan

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$257,312$257,312$377,100
Remaining term (yrs)27.227.230.0
Secondary amount$0$119,788$0
Funding fee$1,287$1,287$0
Note rate6.950%6.950%7.400%
Blended rate6.950%7.284%7.640%
1st payment$1,754.16$1,754.16$2,610.96
2nd payment$0.00$798.59$0.00
Taxes / mo$349.17$349.17$349.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$75.42
HOA / mo$235.00$235.00$235.00
Total monthly$2,488.33$3,286.92$3,420.55
Cash to close$161,688$41,900$41,900