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$283,214$283,214$450,000
Remaining term (yrs)23.923.930.0
Secondary amount$0$166,786$0
Funding fee$1,416$1,416$0
Note rate3.030%3.030%7.400%
Blended rate3.030%4.872%7.640%
1st payment$1,381.83$1,381.83$3,115.71
2nd payment$0.00$1,111.91$0.00
Taxes / mo$201.08$201.08$201.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$90.00
HOA / mo$260.00$260.00$260.00
Total monthly$2,009.58$3,121.48$3,833.46
Cash to close$216,786$50,000$50,000