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$5,515$5,515$346,500
Remaining term (yrs)0.40.430.0
Secondary amount$0$340,985$0
Funding fee$28$28$0
Note rate8.000%8.000%7.320%
Blended rate8.000%7.754%7.560%
1st payment$808.98$808.98$2,380.21
2nd payment$0.00$2,202.20$0.00
Taxes / mo$111.39$111.39$111.39
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$69.30
HOA / mo$0.00$0.00$0.00
Total monthly$1,070.37$3,272.57$2,710.91
Cash to close$379,485$38,500$38,500