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$112,890$112,890$198,000
Remaining term (yrs)24.724.730.0
Secondary amount$0$85,110$0
Funding fee$564$564$0
Note rate2.940%2.940%7.320%
Blended rate2.940%5.545%7.560%
1st payment$534.24$534.24$1,360.12
2nd payment$0.00$638.32$0.00
Taxes / mo$147.58$147.58$147.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$39.60
HOA / mo$0.00$0.00$0.00
Total monthly$831.82$1,470.15$1,697.31
Cash to close$107,110$22,000$22,000