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$263,466$263,466$315,000
Remaining term (yrs)28.528.530.0
Secondary amount$0$51,534$0
Funding fee$1,317$1,317$0
Note rate6.760%6.760%7.400%
Blended rate6.760%7.126%7.640%
1st payment$1,735.48$1,735.48$2,181.00
2nd payment$0.00$386.51$0.00
Taxes / mo$483.50$483.50$483.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$63.00
HOA / mo$365.00$365.00$365.00
Total monthly$2,733.98$3,120.49$3,242.50
Cash to close$86,534$35,000$35,000