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$241,265$241,265$324,000
Remaining term (yrs)28.128.130.0
Secondary amount$0$82,735$0
Funding fee$1,206$1,206$0
Note rate6.470%6.470%7.400%
Blended rate6.470%7.116%7.640%
1st payment$1,551.48$1,551.48$2,243.31
2nd payment$0.00$620.51$0.00
Taxes / mo$114.75$114.75$114.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$64.80
HOA / mo$0.00$0.00$0.00
Total monthly$1,816.23$2,436.74$2,572.86
Cash to close$118,735$36,000$36,000