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$54,271$54,271$283,500
Remaining term (yrs)6.26.230.0
Secondary amount$0$229,229$0
Funding fee$271$271$0
Note rate3.300%3.300%7.320%
Blended rate3.300%6.898%7.560%
1st payment$792.29$792.29$1,947.45
2nd payment$0.00$1,480.44$0.00
Taxes / mo$105.50$105.50$105.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$56.70
HOA / mo$125.00$125.00$125.00
Total monthly$1,172.79$2,653.23$2,384.65
Cash to close$260,729$31,500$31,500