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$68,706$68,706$391,500
Remaining term (yrs)6.66.630.0
Secondary amount$0$322,794$0
Funding fee$344$344$0
Note rate5.700%5.700%7.320%
Blended rate5.700%7.390%7.560%
1st payment$1,023.83$1,023.83$2,689.33
2nd payment$0.00$2,084.71$0.00
Taxes / mo$211.50$211.50$211.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$78.30
HOA / mo$0.00$0.00$0.00
Total monthly$1,385.33$3,470.04$3,129.13
Cash to close$366,294$43,500$43,500