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$254,663$254,663$494,999
Remaining term (yrs)24.424.430.0
Secondary amount$0$240,336$0
Funding fee$1,273$1,273$0
Note rate2.660%2.660%7.320%
Blended rate2.660%5.131%7.560%
1st payment$1,176.98$1,176.98$3,400.30
2nd payment$0.00$1,552.17$0.00
Taxes / mo$199.58$199.58$199.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$99.00
HOA / mo$9.17$9.17$9.17
Total monthly$1,552.40$3,104.57$3,874.72
Cash to close$295,336$55,000$55,000