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$6,317$6,317$259,200
Remaining term (yrs)25.125.130.0
Secondary amount$0$252,883$0
Funding fee$32$32$0
Note rate3.070%3.070%7.400%
Blended rate3.070%7.636%7.640%
1st payment$29.99$29.99$1,794.65
2nd payment$0.00$1,633.20$0.00
Taxes / mo$240.00$240.00$240.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$51.84
HOA / mo$0.00$0.00$0.00
Total monthly$419.99$2,053.19$2,236.49
Cash to close$281,683$28,800$28,800