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$58,898$58,898$308,700
Remaining term (yrs)18.518.530.0
Secondary amount$0$249,802$0
Funding fee$294$294$0
Note rate3.760%3.760%7.400%
Blended rate3.760%6.989%7.640%
1st payment$366.31$366.31$2,137.38
2nd payment$0.00$1,613.31$0.00
Taxes / mo$49.50$49.50$49.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$61.74
HOA / mo$0.00$0.00$0.00
Total monthly$565.81$2,179.12$2,398.62
Cash to close$284,102$34,300$34,300