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$235,165$235,165$494,999
Remaining term (yrs)23.823.830.0
Secondary amount$0$259,834$0
Funding fee$1,176$1,176$0
Note rate3.130%3.130%7.400%
Blended rate3.130%5.555%7.640%
1st payment$1,165.02$1,165.02$3,427.27
2nd payment$0.00$1,678.09$0.00
Taxes / mo$458.33$458.33$458.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$99.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,790.02$3,468.11$4,151.27
Cash to close$314,834$55,000$55,000