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$230,774$230,774$404,636
Remaining term (yrs)23.423.430.0
Secondary amount$0$173,861$0
Funding fee$1,154$1,154$0
Note rate3.600%3.600%7.400%
Blended rate3.600%5.491%7.640%
1st payment$1,213.90$1,213.90$2,801.61
2nd payment$0.00$1,159.07$0.00
Taxes / mo$249.67$249.67$249.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$80.93
HOA / mo$75.00$75.00$75.00
Total monthly$1,688.57$2,847.64$3,357.21
Cash to close$218,821$44,960$44,960