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$8,587$8,587$278,100
Remaining term (yrs)25.425.430.0
Secondary amount$0$269,513$0
Funding fee$43$43$0
Note rate3.760%3.760%7.320%
Blended rate3.760%7.627%7.560%
1st payment$43.59$43.59$1,910.35
2nd payment$0.00$1,740.61$0.00
Taxes / mo$257.50$257.50$257.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$55.62
HOA / mo$0.00$0.00$0.00
Total monthly$451.09$2,191.69$2,373.47
Cash to close$300,413$30,900$30,900