Dan Frey Home Loans
Call Dan

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$198,227$198,227$269,910
Remaining term (yrs)23.923.930.0
Secondary amount$0$71,683$0
Funding fee$991$991$0
Note rate2.940%2.940%7.320%
Blended rate2.940%4.549%7.560%
1st payment$957.96$957.96$1,854.09
2nd payment$0.00$537.62$0.00
Taxes / mo$190.42$190.42$190.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,298.38$1,836.00$2,248.49
Cash to close$101,673$29,990$29,990