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$196,622$196,622$1,168,200
Remaining term (yrs)28.328.330.0
Secondary amount$0$971,578$0
Funding fee$983$983$0
Note rate6.850%6.850%7.400%
Blended rate6.850%7.599%7.640%
1st payment$1,310.52$1,310.52$8,088.38
2nd payment$0.00$6,274.78$0.00
Taxes / mo$1,081.67$1,081.67$1,081.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$233.64
HOA / mo$747.00$747.00$747.00
Total monthly$3,355.85$9,630.63$10,367.35
Cash to close$1,101,378$129,800$129,800