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$243,532$243,532$449,100
Remaining term (yrs)22.922.930.0
Secondary amount$0$205,568$0
Funding fee$1,218$1,218$0
Note rate3.600%3.600%7.400%
Blended rate3.600%5.500%7.640%
1st payment$1,295.74$1,295.74$3,109.48
2nd payment$0.00$1,327.63$0.00
Taxes / mo$415.83$415.83$415.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.82
HOA / mo$10.42$10.42$10.42
Total monthly$1,888.66$3,216.29$3,792.22
Cash to close$255,468$49,900$49,900