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$254,353$254,353$414,000
Remaining term (yrs)23.923.930.0
Secondary amount$0$159,647$0
Funding fee$1,272$1,272$0
Note rate2.900%2.900%7.320%
Blended rate2.900%4.867%7.560%
1st payment$1,226.90$1,226.90$2,843.89
2nd payment$0.00$1,064.31$0.00
Taxes / mo$390.42$390.42$390.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$82.80
HOA / mo$11.67$11.67$11.67
Total monthly$1,795.66$2,859.97$3,495.45
Cash to close$205,647$46,000$46,000