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$365,892$365,892$486,000
Remaining term (yrs)25.925.930.0
Secondary amount$0$120,108$0
Funding fee$1,829$1,829$0
Note rate5.220%5.220%7.320%
Blended rate5.220%5.907%7.560%
1st payment$2,142.23$2,142.23$3,338.48
2nd payment$0.00$800.72$0.00
Taxes / mo$322.58$322.58$322.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$97.20
HOA / mo$0.00$0.00$0.00
Total monthly$2,631.48$3,432.20$3,924.93
Cash to close$174,108$54,000$54,000