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$82,297$82,297$364,500
Remaining term (yrs)19.919.930.0
Secondary amount$0$282,203$0
Funding fee$411$411$0
Note rate3.440%3.440%7.400%
Blended rate3.440%6.777%7.640%
1st payment$473.38$473.38$2,523.72
2nd payment$0.00$1,822.56$0.00
Taxes / mo$81.92$81.92$81.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$72.90
HOA / mo$4.17$4.17$4.17
Total monthly$709.47$2,532.03$2,832.71
Cash to close$322,703$40,500$40,500