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$278,417$278,417$414,000
Remaining term (yrs)24.224.230.0
Secondary amount$0$135,583$0
Funding fee$1,392$1,392$0
Note rate2.840%2.840%7.320%
Blended rate2.840%4.530%7.560%
1st payment$1,321.68$1,321.68$2,843.89
2nd payment$0.00$903.88$0.00
Taxes / mo$90.25$90.25$90.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$82.80
HOA / mo$0.00$0.00$0.00
Total monthly$1,578.59$2,482.48$3,183.61
Cash to close$181,583$46,000$46,000