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$295,559$295,559$371,250
Remaining term (yrs)25.325.330.0
Secondary amount$0$75,691$0
Funding fee$1,478$1,478$0
Note rate3.560%3.560%7.400%
Blended rate3.560%4.669%7.640%
1st payment$1,474.03$1,474.03$2,570.46
2nd payment$0.00$567.68$0.00
Taxes / mo$130.75$130.75$130.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$74.25
HOA / mo$310.00$310.00$310.00
Total monthly$2,064.78$2,632.46$3,235.46
Cash to close$116,941$41,250$41,250