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$55,032$55,032$242,100
Remaining term (yrs)7.17.130.0
Secondary amount$0$187,068$0
Funding fee$275$275$0
Note rate5.980%5.980%7.320%
Blended rate5.980%7.541%7.560%
1st payment$781.10$781.10$1,663.06
2nd payment$0.00$1,247.12$0.00
Taxes / mo$424.75$424.75$424.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$48.42
HOA / mo$0.00$0.00$0.00
Total monthly$1,355.85$2,602.97$2,286.23
Cash to close$213,968$26,900$26,900