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$331,570$331,570$562,410
Remaining term (yrs)24.124.130.0
Secondary amount$0$230,840$0
Funding fee$1,658$1,658$0
Note rate2.840%2.840%7.320%
Blended rate2.840%4.855%7.560%
1st payment$1,577.75$1,577.75$3,863.37
2nd payment$0.00$1,490.84$0.00
Taxes / mo$520.75$520.75$520.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$112.48
HOA / mo$623.00$623.00$623.00
Total monthly$2,888.17$4,379.01$5,286.27
Cash to close$293,330$62,490$62,490