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$223,575$223,575$348,750
Remaining term (yrs)24.624.630.0
Secondary amount$0$125,175$0
Funding fee$1,118$1,118$0
Note rate2.970%2.970%7.400%
Blended rate2.970%4.775%7.640%
1st payment$1,063.94$1,063.94$2,414.67
2nd payment$0.00$834.50$0.00
Taxes / mo$21.00$21.00$21.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$69.75
HOA / mo$181.67$181.67$181.67
Total monthly$1,416.61$2,251.11$2,837.09
Cash to close$163,925$38,750$38,750