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$50,705$50,705$328,500
Remaining term (yrs)5.35.330.0
Secondary amount$0$277,795$0
Funding fee$254$254$0
Note rate3.370%3.370%7.320%
Blended rate3.370%7.074%7.560%
1st payment$854.53$854.53$2,256.57
2nd payment$0.00$1,794.09$0.00
Taxes / mo$107.30$107.30$107.30
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$65.70
HOA / mo$0.00$0.00$0.00
Total monthly$1,111.84$2,905.93$2,579.57
Cash to close$314,295$36,500$36,500