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$63,045$63,045$395,100
Remaining term (yrs)35.935.930.0
Secondary amount$0$332,055$0
Funding fee$315$315$0
Note rate2.875%2.875%7.400%
Blended rate2.875%6.972%7.640%
1st payment$234.42$234.42$2,735.59
2nd payment$0.00$2,144.52$0.00
Taxes / mo$365.83$365.83$365.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$79.02
HOA / mo$105.00$105.00$105.00
Total monthly$855.25$2,999.78$3,435.45
Cash to close$375,955$43,900$43,900