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$249,071$249,071$305,100
Remaining term (yrs)25.425.430.0
Secondary amount$0$56,029$0
Funding fee$1,245$1,245$0
Note rate3.450%3.450%7.400%
Blended rate3.450%4.469%7.640%
1st payment$1,224.93$1,224.93$2,112.45
2nd payment$0.00$420.22$0.00
Taxes / mo$218.25$218.25$218.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$61.02
HOA / mo$0.00$0.00$0.00
Total monthly$1,593.18$2,013.39$2,541.72
Cash to close$89,929$33,900$33,900