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$100,223$100,223$364,500
Remaining term (yrs)18.118.130.0
Secondary amount$0$264,277$0
Funding fee$501$501$0
Note rate4.040%4.040%7.400%
Blended rate4.040%6.730%7.640%
1st payment$647.63$647.63$2,523.72
2nd payment$0.00$1,706.79$0.00
Taxes / mo$251.58$251.58$251.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$72.90
HOA / mo$0.00$0.00$0.00
Total monthly$1,049.21$2,756.00$2,998.21
Cash to close$304,777$40,500$40,500