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$27,728$27,728$350,100
Remaining term (yrs)6.86.830.0
Secondary amount$0$322,372$0
Funding fee$139$139$0
Note rate6.450%6.450%7.400%
Blended rate6.450%7.647%7.640%
1st payment$415.00$415.00$2,424.02
2nd payment$0.00$2,081.99$0.00
Taxes / mo$312.58$312.58$312.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$70.02
HOA / mo$0.00$0.00$0.00
Total monthly$877.58$2,959.57$2,956.63
Cash to close$361,272$38,900$38,900