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$310,671$310,671$368,910
Remaining term (yrs)27.327.330.0
Secondary amount$0$58,239$0
Funding fee$1,553$1,553$0
Note rate6.620%6.620%7.400%
Blended rate6.620%6.996%7.640%
1st payment$2,049.24$2,049.24$2,554.26
2nd payment$0.00$436.79$0.00
Taxes / mo$88.50$88.50$88.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$73.78
HOA / mo$25.00$25.00$25.00
Total monthly$2,312.74$2,749.53$2,891.54
Cash to close$99,229$40,990$40,990