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$252,707$252,707$540,000
Remaining term (yrs)18.218.230.0
Secondary amount$0$287,293$0
Funding fee$1,264$1,264$0
Note rate3.930%3.930%7.320%
Blended rate3.930%5.962%7.560%
1st payment$1,613.54$1,613.54$3,709.43
2nd payment$0.00$1,855.43$0.00
Taxes / mo$266.00$266.00$266.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$108.00
HOA / mo$154.00$154.00$154.00
Total monthly$2,200.21$4,055.64$4,404.09
Cash to close$347,293$60,000$60,000