Dan Frey Home Loans
Call Dan

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$231,320$231,320$283,500
Remaining term (yrs)24.524.530.0
Secondary amount$0$52,180$0
Funding fee$1,157$1,157$0
Note rate3.130%3.130%7.320%
Blended rate3.130%4.210%7.560%
1st payment$1,122.58$1,122.58$1,947.45
2nd payment$0.00$391.35$0.00
Taxes / mo$188.75$188.75$188.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$56.70
HOA / mo$27.00$27.00$27.00
Total monthly$1,488.33$1,879.67$2,369.90
Cash to close$83,680$31,500$31,500