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$16,272$16,272$359,100
Remaining term (yrs)23.323.330.0
Secondary amount$0$342,828$0
Funding fee$81$81$0
Note rate3.050%3.050%7.400%
Blended rate3.050%7.537%7.640%
1st payment$81.10$81.10$2,486.34
2nd payment$0.00$2,214.10$0.00
Taxes / mo$158.50$158.50$158.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.82
HOA / mo$0.00$0.00$0.00
Total monthly$389.60$2,603.70$2,866.66
Cash to close$382,728$39,900$39,900