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$71,731$71,731$332,991
Remaining term (yrs)15.815.830.0
Secondary amount$0$261,260$0
Funding fee$359$359$0
Note rate3.670%3.670%7.400%
Blended rate3.670%6.871%7.640%
1st payment$496.42$496.42$2,305.56
2nd payment$0.00$1,687.30$0.00
Taxes / mo$345.50$345.50$345.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$66.60
HOA / mo$0.00$0.00$0.00
Total monthly$991.92$2,679.22$2,867.66
Cash to close$298,259$36,999$36,999