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$52,315$52,315$337,500
Remaining term (yrs)5.95.930.0
Secondary amount$0$285,185$0
Funding fee$262$262$0
Note rate6.270%6.270%7.400%
Blended rate6.270%7.521%7.640%
1st payment$863.83$863.83$2,336.78
2nd payment$0.00$1,841.82$0.00
Taxes / mo$315.08$315.08$315.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$67.50
HOA / mo$46.67$46.67$46.67
Total monthly$1,375.58$3,217.40$2,916.04
Cash to close$322,685$37,500$37,500