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$8,527$8,527$386,100
Remaining term (yrs)1.41.430.0
Secondary amount$0$377,573$0
Funding fee$43$43$0
Note rate6.890%6.890%7.400%
Blended rate6.890%7.731%7.640%
1st payment$500.00$500.00$2,673.28
2nd payment$0.00$2,438.49$0.00
Taxes / mo$357.50$357.50$357.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$77.22
HOA / mo$450.00$450.00$450.00
Total monthly$1,457.50$3,895.99$3,708.00
Cash to close$420,473$42,900$42,900