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$58,495$58,495$382,410
Remaining term (yrs)8.98.930.0
Secondary amount$0$323,915$0
Funding fee$292$292$0
Note rate2.620%2.620%7.320%
Blended rate2.620%6.965%7.560%
1st payment$608.57$608.57$2,626.89
2nd payment$0.00$2,091.95$0.00
Taxes / mo$354.08$354.08$354.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$76.48
HOA / mo$0.00$0.00$0.00
Total monthly$1,112.65$3,204.61$3,207.46
Cash to close$366,405$42,490$42,490