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$27,311$27,311$315,000
Remaining term (yrs)4.64.630.0
Secondary amount$0$287,689$0
Funding fee$137$137$0
Note rate7.140%7.140%7.320%
Blended rate7.140%7.697%7.560%
1st payment$566.38$566.38$2,163.83
2nd payment$0.00$1,857.99$0.00
Taxes / mo$140.83$140.83$140.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$63.00
HOA / mo$0.00$0.00$0.00
Total monthly$857.22$2,715.21$2,517.66
Cash to close$322,689$35,000$35,000