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$53,288$53,288$193,410
Remaining term (yrs)9.99.930.0
Secondary amount$0$140,122$0
Funding fee$266$266$0
Note rate6.630%6.630%7.320%
Blended rate6.630%7.623%7.560%
1st payment$608.60$608.60$1,328.59
2nd payment$0.00$934.15$0.00
Taxes / mo$89.17$89.17$89.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$38.68
HOA / mo$0.00$0.00$0.00
Total monthly$847.77$1,781.92$1,606.44
Cash to close$161,612$21,490$21,490