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$248,343$248,343$346,500
Remaining term (yrs)23.523.530.0
Secondary amount$0$98,157$0
Funding fee$1,242$1,242$0
Note rate3.290%3.290%7.240%
Blended rate3.290%4.908%7.480%
1st payment$1,259.76$1,259.76$2,361.39
2nd payment$0.00$736.18$0.00
Taxes / mo$84.25$84.25$84.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$69.30
HOA / mo$205.00$205.00$205.00
Total monthly$1,699.01$2,435.19$2,869.94
Cash to close$136,657$38,500$38,500