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$48,741$48,741$391,410
Remaining term (yrs)5.55.530.0
Secondary amount$0$342,669$0
Funding fee$244$244$0
Note rate3.430%3.430%7.400%
Blended rate3.430%7.212%7.640%
1st payment$789.71$789.71$2,710.04
2nd payment$0.00$2,213.07$0.00
Taxes / mo$110.83$110.83$110.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$78.28
HOA / mo$0.00$0.00$0.00
Total monthly$1,050.54$3,263.62$3,049.16
Cash to close$386,159$43,490$43,490