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$311,986$311,986$370,800
Remaining term (yrs)25.225.230.0
Secondary amount$0$58,814$0
Funding fee$1,560$1,560$0
Note rate3.110%3.110%7.400%
Blended rate3.110%4.044%7.640%
1st payment$1,484.36$1,484.36$2,567.34
2nd payment$0.00$441.11$0.00
Taxes / mo$373.92$373.92$373.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$74.16
HOA / mo$40.00$40.00$40.00
Total monthly$2,048.28$2,489.38$3,205.42
Cash to close$100,014$41,200$41,200