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$238,828$238,828$306,000
Remaining term (yrs)22.722.730.0
Secondary amount$0$67,172$0
Funding fee$1,194$1,194$0
Note rate4.060%4.060%7.320%
Blended rate4.060%5.144%7.560%
1st payment$1,338.57$1,338.57$2,102.01
2nd payment$0.00$503.79$0.00
Taxes / mo$335.42$335.42$335.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$61.20
HOA / mo$99.00$99.00$99.00
Total monthly$1,922.99$2,426.78$2,747.62
Cash to close$101,172$34,000$34,000