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$221,174$221,174$422,910
Remaining term (yrs)23.723.730.0
Secondary amount$0$201,736$0
Funding fee$1,106$1,106$0
Note rate3.240%3.240%7.400%
Blended rate3.240%5.391%7.640%
1st payment$1,110.97$1,110.97$2,928.14
2nd payment$0.00$1,302.88$0.00
Taxes / mo$177.83$177.83$177.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$84.58
HOA / mo$22.92$22.92$22.92
Total monthly$1,478.39$2,781.26$3,380.15
Cash to close$248,726$46,990$46,990