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$288,083$288,083$449,910
Remaining term (yrs)24.824.830.0
Secondary amount$0$161,827$0
Funding fee$1,440$1,440$0
Note rate2.960%2.960%7.400%
Blended rate2.960%4.773%7.640%
1st payment$1,363.21$1,363.21$3,115.09
2nd payment$0.00$1,078.84$0.00
Taxes / mo$75.25$75.25$75.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,605.13$2,683.97$3,446.98
Cash to close$211,817$49,990$49,990