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$77,139$77,139$352,800
Remaining term (yrs)16.216.230.0
Secondary amount$0$275,661$0
Funding fee$386$386$0
Note rate3.320%3.320%7.400%
Blended rate3.320%6.781%7.640%
1st payment$510.40$510.40$2,442.72
2nd payment$0.00$1,780.31$0.00
Taxes / mo$144.90$144.90$144.90
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$70.56
HOA / mo$116.67$116.67$116.67
Total monthly$921.97$2,702.28$2,924.84
Cash to close$314,861$39,200$39,200