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$142,564$142,564$449,999
Remaining term (yrs)15.115.130.0
Secondary amount$0$307,435$0
Funding fee$713$713$0
Note rate4.030%4.030%7.320%
Blended rate4.030%6.571%7.560%
1st payment$1,044.06$1,044.06$3,091.18
2nd payment$0.00$1,985.52$0.00
Taxes / mo$172.75$172.75$172.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$90.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,383.48$3,369.00$3,520.60
Cash to close$357,435$50,000$50,000