Dan Frey Home Loans
Call Dan

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$168,461$168,461$315,450
Remaining term (yrs)22.922.930.0
Secondary amount$0$146,989$0
Funding fee$842$842$0
Note rate3.580%3.580%7.240%
Blended rate3.580%5.640%7.480%
1st payment$894.53$894.53$2,149.79
2nd payment$0.00$979.93$0.00
Taxes / mo$292.08$292.08$292.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$63.09
HOA / mo$36.00$36.00$36.00
Total monthly$1,372.61$2,352.54$2,690.96
Cash to close$182,039$35,050$35,050