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$81,965$81,965$315,000
Remaining term (yrs)15.715.730.0
Secondary amount$0$233,035$0
Funding fee$410$410$0
Note rate3.720%3.720%7.400%
Blended rate3.720%6.701%7.640%
1st payment$571.49$571.49$2,181.00
2nd payment$0.00$1,505.02$0.00
Taxes / mo$154.25$154.25$154.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$63.00
HOA / mo$0.00$0.00$0.00
Total monthly$875.74$2,380.76$2,548.25
Cash to close$268,035$35,000$35,000