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$67,618$67,618$382,500
Remaining term (yrs)5.75.730.0
Secondary amount$0$314,882$0
Funding fee$338$338$0
Note rate10.849%10.849%7.400%
Blended rate10.849%8.298%7.640%
1st payment$1,307.88$1,307.88$2,648.35
2nd payment$0.00$2,033.61$0.00
Taxes / mo$354.17$354.17$354.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$76.50
HOA / mo$416.00$416.00$416.00
Total monthly$2,228.05$4,261.66$3,645.02
Cash to close$357,382$42,500$42,500