Dan Frey Home Loans
Call Dan

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$260,924$260,924$449,910
Remaining term (yrs)24.324.330.0
Secondary amount$0$188,986$0
Funding fee$1,305$1,305$0
Note rate2.710%2.710%7.320%
Blended rate2.710%4.932%7.560%
1st payment$1,218.38$1,218.38$3,090.57
2nd payment$0.00$1,259.91$0.00
Taxes / mo$111.42$111.42$111.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,496.46$2,756.37$3,458.63
Cash to close$238,976$49,990$49,990