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$246,086$246,086$324,000
Remaining term (yrs)25.125.130.0
Secondary amount$0$77,914$0
Funding fee$1,230$1,230$0
Note rate2.990%2.990%7.400%
Blended rate2.990%4.435%7.640%
1st payment$1,157.93$1,157.93$2,243.31
2nd payment$0.00$584.35$0.00
Taxes / mo$163.33$163.33$163.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$64.80
HOA / mo$105.00$105.00$105.00
Total monthly$1,576.26$2,160.61$2,726.44
Cash to close$113,914$36,000$36,000