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$198,984$198,984$215,910
Remaining term (yrs)26.026.030.0
Secondary amount$0$28,921$0
Funding fee$995$995$0
Note rate6.020%6.020%7.400%
Blended rate6.020%6.763%7.640%
1st payment$1,260.05$1,260.05$1,494.92
2nd payment$0.00$286.19$0.00
Taxes / mo$259.08$259.08$259.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$43.18
HOA / mo$0.00$0.00$0.00
Total monthly$1,669.13$1,955.32$1,947.18
Cash to close$40,916$11,995$23,990