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$297,680$297,680$494,100
Remaining term (yrs)24.124.130.0
Secondary amount$0$196,420$0
Funding fee$1,488$1,488$0
Note rate2.250%2.250%7.400%
Blended rate2.250%4.536%7.640%
1st payment$1,328.22$1,328.22$3,421.05
2nd payment$0.00$1,309.46$0.00
Taxes / mo$226.75$226.75$226.75
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$1,721.64$3,031.10$3,913.29
Cash to close$251,320$54,900$54,900