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$141,296$141,296$540,000
Remaining term (yrs)13.813.830.0
Secondary amount$0$398,704$0
Funding fee$706$706$0
Note rate4.740%4.740%7.320%
Blended rate4.740%6.962%7.560%
1st payment$1,157.21$1,157.21$3,709.43
2nd payment$0.00$2,574.96$0.00
Taxes / mo$253.00$253.00$253.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$108.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,576.88$4,151.84$4,237.09
Cash to close$458,704$60,000$60,000