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$223,410$223,410$430,200
Remaining term (yrs)20.820.830.0
Secondary amount$0$206,790$0
Funding fee$1,117$1,117$0
Note rate3.960%3.960%7.400%
Blended rate3.960%5.782%7.640%
1st payment$1,310.41$1,310.41$2,978.62
2nd payment$0.00$1,335.52$0.00
Taxes / mo$253.92$253.92$253.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$86.04
HOA / mo$0.00$0.00$0.00
Total monthly$1,730.99$3,066.51$3,485.24
Cash to close$254,590$47,800$47,800