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$322,164$322,164$530,100
Remaining term (yrs)25.025.030.0
Secondary amount$0$207,936$0
Funding fee$1,611$1,611$0
Note rate2.860%2.860%7.320%
Blended rate2.860%4.778%7.560%
1st payment$1,497.56$1,497.56$3,641.42
2nd payment$0.00$1,342.92$0.00
Taxes / mo$7.92$7.92$7.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$106.02
HOA / mo$12.92$12.92$12.92
Total monthly$1,685.06$3,027.98$3,934.94
Cash to close$266,836$58,900$58,900