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$232,284$232,284$269,100
Remaining term (yrs)26.526.530.0
Secondary amount$0$36,816$0
Funding fee$1,161$1,161$0
Note rate4.750%4.750%7.320%
Blended rate4.750%5.331%7.560%
1st payment$1,281.43$1,281.43$1,848.53
2nd payment$0.00$276.12$0.00
Taxes / mo$224.58$224.58$224.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,656.01$1,932.13$2,276.93
Cash to close$66,716$29,900$29,900