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$271,235$271,235$337,500
Remaining term (yrs)24.424.430.0
Secondary amount$0$66,265$0
Funding fee$1,356$1,356$0
Note rate3.020%3.020%7.400%
Blended rate3.020%4.194%7.640%
1st payment$1,303.70$1,303.70$2,336.78
2nd payment$0.00$496.99$0.00
Taxes / mo$205.58$205.58$205.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$67.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,659.28$2,156.27$2,759.87
Cash to close$103,765$37,500$37,500