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$6,629$6,629$315,000
Remaining term (yrs)2.42.430.0
Secondary amount$0$308,371$0
Funding fee$33$33$0
Note rate4.370%4.370%7.400%
Blended rate4.370%7.679%7.640%
1st payment$226.51$226.51$2,181.00
2nd payment$0.00$1,991.57$0.00
Taxes / mo$174.67$174.67$174.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$63.00
HOA / mo$16.00$16.00$16.00
Total monthly$567.18$2,558.74$2,584.66
Cash to close$343,371$35,000$35,000