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$213,258$213,258$450,000
Remaining term (yrs)24.924.930.0
Secondary amount$0$236,742$0
Funding fee$1,066$1,066$0
Note rate2.970%2.970%7.400%
Blended rate2.970%5.485%7.640%
1st payment$1,007.97$1,007.97$3,115.71
2nd payment$0.00$1,528.96$0.00
Taxes / mo$124.50$124.50$124.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$90.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,299.14$2,828.09$3,496.88
Cash to close$286,742$50,000$50,000