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$64,613$64,613$337,500
Remaining term (yrs)16.116.130.0
Secondary amount$0$272,887$0
Funding fee$323$323$0
Note rate3.410%3.410%7.400%
Blended rate3.410%6.919%7.640%
1st payment$432.05$432.05$2,336.78
2nd payment$0.00$1,762.40$0.00
Taxes / mo$65.35$65.35$65.35
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$67.50
HOA / mo$0.00$0.00$0.00
Total monthly$647.40$2,409.80$2,619.64
Cash to close$310,387$37,500$37,500