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$315,445$315,445$449,910
Remaining term (yrs)27.327.330.0
Secondary amount$0$134,465$0
Funding fee$1,577$1,577$0
Note rate6.690%6.690%7.320%
Blended rate6.690%7.082%7.560%
1st payment$2,092.76$2,092.76$3,090.57
2nd payment$0.00$896.43$0.00
Taxes / mo$447.50$447.50$447.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.98
HOA / mo$37.33$37.33$37.33
Total monthly$2,744.26$3,640.69$3,832.05
Cash to close$184,455$49,990$49,990