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$121,584$121,584$174,600
Remaining term (yrs)24.524.530.0
Secondary amount$0$53,016$0
Funding fee$608$608$0
Note rate2.960%2.960%7.400%
Blended rate2.960%4.794%7.640%
1st payment$579.28$579.28$1,208.90
2nd payment$0.00$397.62$0.00
Taxes / mo$89.58$89.58$89.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$34.92
HOA / mo$0.00$0.00$0.00
Total monthly$818.86$1,216.49$1,483.40
Cash to close$72,416$19,400$19,400