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$39,761$39,761$359,460
Remaining term (yrs)7.17.130.0
Secondary amount$0$319,699$0
Funding fee$199$199$0
Note rate5.770%5.770%7.400%
Blended rate5.770%7.531%7.640%
1st payment$560.34$560.34$2,488.83
2nd payment$0.00$2,064.72$0.00
Taxes / mo$332.83$332.83$332.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.89
HOA / mo$0.00$0.00$0.00
Total monthly$1,043.17$3,107.90$3,043.55
Cash to close$359,639$39,940$39,940