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$79,203$79,203$382,500
Remaining term (yrs)17.717.730.0
Secondary amount$0$303,297$0
Funding fee$396$396$0
Note rate3.280%3.280%7.400%
Blended rate3.280%6.824%7.640%
1st payment$489.33$489.33$2,648.35
2nd payment$0.00$1,958.79$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$0.00$0.00$0.00
Total monthly$993.50$2,952.30$3,229.02
Cash to close$345,797$42,500$42,500