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$239,613$239,613$436,500
Remaining term (yrs)24.124.130.0
Secondary amount$0$196,887$0
Funding fee$1,198$1,198$0
Note rate2.880%2.880%7.400%
Blended rate2.880%5.189%7.640%
1st payment$1,145.10$1,145.10$3,022.24
2nd payment$0.00$1,312.58$0.00
Taxes / mo$552.50$552.50$552.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$87.30
HOA / mo$0.00$0.00$0.00
Total monthly$1,864.26$3,176.84$3,828.70
Cash to close$245,387$48,500$48,500