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$57,708$57,708$319,500
Remaining term (yrs)6.66.630.0
Secondary amount$0$261,792$0
Funding fee$289$289$0
Note rate4.600%4.600%7.320%
Blended rate4.600%7.181%7.560%
1st payment$830.12$830.12$2,194.74
2nd payment$0.00$1,690.74$0.00
Taxes / mo$113.17$113.17$113.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$63.90
HOA / mo$0.00$0.00$0.00
Total monthly$1,093.29$2,784.03$2,521.81
Cash to close$297,292$35,500$35,500