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$205,206$205,206$252,000
Remaining term (yrs)24.824.830.0
Secondary amount$0$46,794$0
Funding fee$1,026$1,026$0
Note rate5.780%5.780%7.400%
Blended rate5.780%6.378%7.640%
1st payment$1,296.62$1,296.62$1,744.80
2nd payment$0.00$350.95$0.00
Taxes / mo$204.42$204.42$204.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$50.40
HOA / mo$0.00$0.00$0.00
Total monthly$1,651.04$2,001.99$2,149.61
Cash to close$74,794$28,000$28,000