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$13,585$13,585$324,000
Remaining term (yrs)1.01.030.0
Secondary amount$0$310,415$0
Funding fee$68$68$0
Note rate7.270%7.270%7.320%
Blended rate7.270%7.730%7.560%
1st payment$1,015.05$1,015.05$2,225.66
2nd payment$0.00$2,004.76$0.00
Taxes / mo$276.42$276.42$276.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$64.80
HOA / mo$0.00$0.00$0.00
Total monthly$1,441.46$3,446.23$2,716.87
Cash to close$346,415$36,000$36,000