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$227,428$227,428$427,500
Remaining term (yrs)23.723.730.0
Secondary amount$0$200,072$0
Funding fee$1,137$1,137$0
Note rate3.330%3.330%7.320%
Blended rate3.330%5.399%7.560%
1st payment$1,153.12$1,153.12$2,936.63
2nd payment$0.00$1,292.13$0.00
Taxes / mo$294.42$294.42$294.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$85.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,614.20$2,906.33$3,483.21
Cash to close$247,572$47,500$47,500