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$72,311$72,311$319,410
Remaining term (yrs)12.312.330.0
Secondary amount$0$247,099$0
Funding fee$362$362$0
Note rate6.030%6.030%7.320%
Blended rate6.030%7.361%7.560%
1st payment$687.52$687.52$2,194.13
2nd payment$0.00$1,595.85$0.00
Taxes / mo$129.17$129.17$129.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$63.88
HOA / mo$80.00$80.00$80.00
Total monthly$1,046.69$2,642.54$2,617.17
Cash to close$282,589$35,490$35,490