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$216,661$216,661$260,100
Remaining term (yrs)25.825.830.0
Secondary amount$0$43,439$0
Funding fee$1,083$1,083$0
Note rate5.700%5.700%7.400%
Blended rate5.700%6.251%7.640%
1st payment$1,334.92$1,334.92$1,800.88
2nd payment$0.00$325.79$0.00
Taxes / mo$121.92$121.92$121.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$52.02
HOA / mo$0.00$0.00$0.00
Total monthly$1,606.84$1,932.63$2,124.82
Cash to close$72,339$28,900$28,900