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$315,539$315,539$427,500
Remaining term (yrs)24.924.930.0
Secondary amount$0$111,961$0
Funding fee$1,578$1,578$0
Note rate2.880%2.880%7.400%
Blended rate2.880%4.221%7.640%
1st payment$1,476.70$1,476.70$2,959.92
2nd payment$0.00$746.41$0.00
Taxes / mo$166.08$166.08$166.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$85.50
HOA / mo$46.67$46.67$46.67
Total monthly$1,856.12$2,602.53$3,424.84
Cash to close$159,461$47,500$47,500