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$262,086$262,086$396,000
Remaining term (yrs)23.923.930.0
Secondary amount$0$133,914$0
Funding fee$1,310$1,310$0
Note rate2.900%2.900%7.400%
Blended rate2.900%4.625%7.640%
1st payment$1,261.18$1,261.18$2,741.82
2nd payment$0.00$892.76$0.00
Taxes / mo$196.33$196.33$196.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$79.20
HOA / mo$390.00$390.00$390.00
Total monthly$1,997.51$2,890.27$3,557.36
Cash to close$177,914$44,000$44,000