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$49,418$49,418$323,100
Remaining term (yrs)7.27.230.0
Secondary amount$0$273,682$0
Funding fee$247$247$0
Note rate5.350%5.350%7.400%
Blended rate5.350%7.383%7.640%
1st payment$680.15$680.15$2,237.08
2nd payment$0.00$1,767.53$0.00
Taxes / mo$613.08$613.08$613.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$64.62
HOA / mo$0.00$0.00$0.00
Total monthly$1,443.23$3,210.76$3,064.78
Cash to close$309,582$35,900$35,900