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$233,307$233,307$445,500
Remaining term (yrs)24.824.830.0
Secondary amount$0$212,193$0
Funding fee$1,167$1,167$0
Note rate2.950%2.950%7.400%
Blended rate2.950%5.236%7.640%
1st payment$1,102.80$1,102.80$3,084.55
2nd payment$0.00$1,370.41$0.00
Taxes / mo$336.67$336.67$336.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.10
HOA / mo$15.00$15.00$15.00
Total monthly$1,621.13$2,991.55$3,691.99
Cash to close$261,693$49,500$49,500