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$242,271$242,271$355,500
Remaining term (yrs)24.124.130.0
Secondary amount$0$113,229$0
Funding fee$1,211$1,211$0
Note rate2.810%2.810%7.400%
Blended rate2.810%4.463%7.640%
1st payment$1,149.11$1,149.11$2,461.41
2nd payment$0.00$754.86$0.00
Taxes / mo$229.33$229.33$229.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.10
HOA / mo$0.00$0.00$0.00
Total monthly$1,528.45$2,283.30$2,911.84
Cash to close$152,729$39,500$39,500