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$77,700$77,700$369,000
Remaining term (yrs)6.46.430.0
Secondary amount$0$291,300$0
Funding fee$389$389$0
Note rate5.870%5.870%7.320%
Blended rate5.870%7.354%7.560%
1st payment$1,188.17$1,188.17$2,534.77
2nd payment$0.00$1,881.31$0.00
Taxes / mo$194.92$194.92$194.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$73.80
HOA / mo$0.00$0.00$0.00
Total monthly$1,533.09$3,414.40$2,953.49
Cash to close$332,300$41,000$41,000