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$220,437$220,437$269,100
Remaining term (yrs)24.924.930.0
Secondary amount$0$48,663$0
Funding fee$1,102$1,102$0
Note rate2.770%2.770%7.400%
Blended rate2.770%3.897%7.640%
1st payment$1,019.16$1,019.16$1,863.19
2nd payment$0.00$364.97$0.00
Taxes / mo$176.33$176.33$176.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.82
HOA / mo$30.00$30.00$30.00
Total monthly$1,375.49$1,740.46$2,273.35
Cash to close$78,563$29,900$29,900