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$81,856$81,856$359,910
Remaining term (yrs)5.15.130.0
Secondary amount$0$278,054$0
Funding fee$409$409$0
Note rate3.420%3.420%7.320%
Blended rate3.420%6.765%7.560%
1st payment$1,421.28$1,421.28$2,472.33
2nd payment$0.00$1,795.77$0.00
Taxes / mo$333.25$333.25$333.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.98
HOA / mo$24.00$24.00$24.00
Total monthly$1,928.53$3,724.30$3,051.56
Cash to close$318,044$39,990$39,990