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$303,465$303,465$494,100
Remaining term (yrs)23.723.730.0
Secondary amount$0$190,635$0
Funding fee$1,517$1,517$0
Note rate3.240%3.240%7.400%
Blended rate3.240%5.077%7.640%
1st payment$1,524.31$1,524.31$3,421.05
2nd payment$0.00$1,270.90$0.00
Taxes / mo$186.83$186.83$186.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$98.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,877.81$3,148.72$3,873.37
Cash to close$245,535$54,900$54,900