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$225,821$225,821$436,500
Remaining term (yrs)26.726.730.0
Secondary amount$0$210,679$0
Funding fee$1,129$1,129$0
Note rate6.350%6.350%7.320%
Blended rate6.350%7.026%7.560%
1st payment$1,462.25$1,462.25$2,998.45
2nd payment$0.00$1,360.63$0.00
Taxes / mo$229.92$229.92$229.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$87.30
HOA / mo$50.00$50.00$50.00
Total monthly$1,908.84$3,269.47$3,532.34
Cash to close$259,179$48,500$48,500