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$115,624$115,624$382,500
Remaining term (yrs)16.116.130.0
Secondary amount$0$266,876$0
Funding fee$578$578$0
Note rate3.270%3.270%7.400%
Blended rate3.270%6.396%7.640%
1st payment$765.16$765.16$2,648.35
2nd payment$0.00$1,723.57$0.00
Taxes / mo$207.33$207.33$207.33
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$1,122.49$2,846.06$3,082.19
Cash to close$309,376$42,500$42,500