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$187,227$187,227$391,500
Remaining term (yrs)20.120.130.0
Secondary amount$0$204,273$0
Funding fee$936$936$0
Note rate3.470%3.470%7.400%
Blended rate3.470%5.703%7.640%
1st payment$1,073.69$1,073.69$2,710.67
2nd payment$0.00$1,319.26$0.00
Taxes / mo$362.50$362.50$362.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$78.30
HOA / mo$0.00$0.00$0.00
Total monthly$1,586.19$2,905.46$3,301.47
Cash to close$247,773$43,500$43,500