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$390,345$390,345$404,100
Remaining term (yrs)28.428.430.0
Secondary amount$0$36,205$0
Funding fee$1,952$1,952$0
Note rate6.850%6.850%7.400%
Blended rate6.850%7.277%7.640%
1st payment$2,596.79$2,596.79$2,797.91
2nd payment$0.00$358.28$0.00
Taxes / mo$193.58$193.58$193.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$80.82
HOA / mo$5.00$5.00$5.00
Total monthly$2,945.38$3,303.66$3,227.31
Cash to close$58,655$22,450$44,900