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$83,675$83,675$202,500
Remaining term (yrs)20.520.530.0
Secondary amount$0$118,825$0
Funding fee$418$418$0
Note rate4.210%4.210%7.320%
Blended rate4.210%6.434%7.560%
1st payment$505.76$505.76$1,391.03
2nd payment$0.00$792.16$0.00
Taxes / mo$140.92$140.92$140.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$40.50
HOA / mo$0.00$0.00$0.00
Total monthly$796.67$1,588.84$1,722.45
Cash to close$141,325$22,500$22,500