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$318,702$318,702$382,410
Remaining term (yrs)25.625.630.0
Secondary amount$0$63,708$0
Funding fee$1,594$1,594$0
Note rate5.000%5.000%7.400%
Blended rate5.000%5.666%7.640%
1st payment$1,835.92$1,835.92$2,647.73
2nd payment$0.00$477.81$0.00
Taxes / mo$354.08$354.08$354.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$76.48
HOA / mo$0.00$0.00$0.00
Total monthly$2,340.01$2,817.82$3,228.29
Cash to close$106,198$42,490$42,490