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$44,398$44,398$315,000
Remaining term (yrs)24.424.430.0
Secondary amount$0$270,602$0
Funding fee$222$222$0
Note rate2.810%2.810%7.320%
Blended rate2.810%7.054%7.560%
1st payment$208.59$208.59$2,163.83
2nd payment$0.00$1,747.64$0.00
Taxes / mo$114.17$114.17$114.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$63.00
HOA / mo$0.00$0.00$0.00
Total monthly$472.76$2,220.40$2,491.00
Cash to close$305,602$35,000$35,000