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$206,641$206,641$508,500
Remaining term (yrs)16.716.730.0
Secondary amount$0$301,859$0
Funding fee$1,033$1,033$0
Note rate3.350%3.350%7.320%
Blended rate3.350%5.962%7.560%
1st payment$1,339.77$1,339.77$3,493.04
2nd payment$0.00$1,949.51$0.00
Taxes / mo$114.75$114.75$114.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$101.70
HOA / mo$33.33$33.33$33.33
Total monthly$1,654.52$3,604.02$3,909.49
Cash to close$358,359$56,500$56,500