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$211,392$211,392$539,100
Remaining term (yrs)24.924.930.0
Secondary amount$0$327,708$0
Funding fee$1,057$1,057$0
Note rate2.800%2.800%7.320%
Blended rate2.800%5.809%7.560%
1st payment$980.59$980.59$3,703.24
2nd payment$0.00$2,116.45$0.00
Taxes / mo$499.17$499.17$499.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$107.82
HOA / mo$833.00$833.00$833.00
Total monthly$2,479.42$4,595.88$5,309.90
Cash to close$387,608$59,900$59,900