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$313,366$313,366$603,000
Remaining term (yrs)23.623.630.0
Secondary amount$0$289,634$0
Funding fee$1,567$1,567$0
Note rate3.330%3.330%7.320%
Blended rate3.330%5.453%7.560%
1st payment$1,592.50$1,592.50$4,142.19
2nd payment$0.00$1,870.55$0.00
Taxes / mo$752.75$752.75$752.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$120.60
HOA / mo$16.25$16.25$16.25
Total monthly$2,528.16$4,398.72$5,198.46
Cash to close$356,634$67,000$67,000