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$228,753$228,753$440,100
Remaining term (yrs)24.624.630.0
Secondary amount$0$211,347$0
Funding fee$1,144$1,144$0
Note rate2.810%2.810%7.400%
Blended rate2.810%5.182%7.640%
1st payment$1,069.71$1,069.71$3,047.16
2nd payment$0.00$1,364.95$0.00
Taxes / mo$330.08$330.08$330.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$88.02
HOA / mo$58.33$58.33$58.33
Total monthly$1,624.79$2,989.74$3,690.26
Cash to close$260,247$48,900$48,900