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$256,068$256,068$445,500
Remaining term (yrs)24.924.930.0
Secondary amount$0$189,432$0
Funding fee$1,280$1,280$0
Note rate2.880%2.880%7.400%
Blended rate2.880%5.057%7.640%
1st payment$1,195.66$1,195.66$3,084.55
2nd payment$0.00$1,262.88$0.00
Taxes / mo$1,105.33$1,105.33$1,105.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.10
HOA / mo$260.00$260.00$260.00
Total monthly$2,727.66$3,990.54$4,705.65
Cash to close$238,932$49,500$49,500