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$134,526$134,526$394,110
Remaining term (yrs)15.515.530.0
Secondary amount$0$259,584$0
Funding fee$673$673$0
Note rate4.080%4.080%7.320%
Blended rate4.080%6.497%7.560%
1st payment$969.64$969.64$2,707.26
2nd payment$0.00$1,676.48$0.00
Taxes / mo$334.00$334.00$334.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$78.82
HOA / mo$0.83$0.83$0.83
Total monthly$1,454.47$3,130.94$3,270.91
Cash to close$303,374$43,790$43,790