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$235,265$235,265$503,910
Remaining term (yrs)24.224.230.0
Secondary amount$0$268,645$0
Funding fee$1,176$1,176$0
Note rate2.800%2.800%7.320%
Blended rate2.800%5.439%7.560%
1st payment$1,112.01$1,112.01$3,461.51
2nd payment$0.00$1,735.00$0.00
Taxes / mo$558.58$558.58$558.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$100.78
HOA / mo$0.00$0.00$0.00
Total monthly$1,837.26$3,572.26$4,287.54
Cash to close$324,635$55,990$55,990