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$214,350$214,350$449,100
Remaining term (yrs)22.922.930.0
Secondary amount$0$234,750$0
Funding fee$1,072$1,072$0
Note rate3.840%3.840%7.320%
Blended rate3.840%5.884%7.560%
1st payment$1,170.59$1,170.59$3,085.01
2nd payment$0.00$1,516.09$0.00
Taxes / mo$415.83$415.83$415.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.82
HOA / mo$120.67$120.67$120.67
Total monthly$1,873.76$3,389.86$3,878.00
Cash to close$284,650$49,900$49,900