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$290,003$290,003$436,500
Remaining term (yrs)25.025.030.0
Secondary amount$0$146,497$0
Funding fee$1,450$1,450$0
Note rate2.880%2.880%7.400%
Blended rate2.880%4.598%7.640%
1st payment$1,351.06$1,351.06$3,022.24
2nd payment$0.00$976.64$0.00
Taxes / mo$391.67$391.67$391.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$87.30
HOA / mo$22.00$22.00$22.00
Total monthly$1,931.39$2,908.04$3,689.87
Cash to close$194,997$48,500$48,500