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$230,045$230,045$283,500
Remaining term (yrs)24.124.130.0
Secondary amount$0$53,455$0
Funding fee$1,150$1,150$0
Note rate2.810%2.810%7.320%
Blended rate2.810%3.977%7.560%
1st payment$1,091.12$1,091.12$1,947.45
2nd payment$0.00$400.91$0.00
Taxes / mo$257.83$257.83$257.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$56.70
HOA / mo$57.00$57.00$57.00
Total monthly$1,555.96$1,956.87$2,468.98
Cash to close$84,955$31,500$31,500