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$6,327$6,327$260,100
Remaining term (yrs)0.50.530.0
Secondary amount$0$253,773$0
Funding fee$32$32$0
Note rate3.200%3.200%7.320%
Blended rate3.200%7.639%7.560%
1st payment$800.38$800.38$1,786.71
2nd payment$0.00$1,638.95$0.00
Taxes / mo$187.33$187.33$187.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$52.02
HOA / mo$331.00$331.00$331.00
Total monthly$1,468.71$3,107.66$2,507.06
Cash to close$282,673$28,900$28,900