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$394,000$394,000$427,500
Remaining term (yrs)25.525.530.0
Secondary amount$0$33,500$0
Funding fee$1,970$1,970$0
Note rate3.850%3.850%7.320%
Blended rate3.850%4.254%7.560%
1st payment$2,015.59$2,015.59$2,936.63
2nd payment$0.00$251.25$0.00
Taxes / mo$230.67$230.67$230.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$85.50
HOA / mo$241.00$241.00$241.00
Total monthly$2,653.93$2,905.18$3,660.46
Cash to close$81,000$47,500$47,500